Log In/Sign Up
Your email has been sent.
Kerr Drug 419 W Broad St 10,230 SF Retail Building Saint Pauls, NC 28384 $3,650,273 CAD ($356.82 CAD/SF) 8% Cap Rate
Investment Highlights
- Absolute NNN Lease | Zero Landlord Responsibilities
- Ideal Access & Visibility | 4 Points of Ingress/Egress
- Hard Corner Signalized Intersection | Traffic Counts at Intersection Exceed 21,291+ VPD
- Explosive Sales Reports | $8.5M+ | Up 7% from 2022
- Only National Drug Store in the Area | Nearest Walgreens is Located Over 12.5-Miles Away
- 5% Rent Increases In Each Option Period
Executive Summary
Absolute NNN Lease | Zero Landlord Responsibilities
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,230 SF
Building Class
B
Year Built
1999
Price
$3,650,273 CAD
Price Per SF
$356.82 CAD
Cap Rate
8%
NOI
$292,022 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.03 AC
Opportunity Zone
Yes
Zoning
HB - Highway Business
Parking
50 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 3813-02-001 | Improvements Assessment | $1,297,973 CAD |
| Land Assessment | $405,968 CAD | Total Assessment | $1,703,941 CAD |
Property Taxes
Parcel Number
3813-02-001
Land Assessment
$405,968 CAD
Improvements Assessment
$1,297,973 CAD
Total Assessment
$1,703,941 CAD
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Kerr Drug | 419 W Broad St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.