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5900 Carolina Beach Rd
Wilmington, NC 28412
Walgreens · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Walgreens is the second largest pharmacy in the United States with over 8,700 locations as of May 2025
  • Outparcel to Harris Teeter grocery store
  • The building was constructed for Walgreens in 2010 with 40 dedicated parking spaces

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
A
Year Built
2010
Price
$7,779,462 CAD
Price Per SF
$524.93 CAD
Cap Rate
7.50%
NOI
$583,495 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.57 AC
Zoning
B-2 - Highway Business District
Parking
40 Spaces (2.7 Spaces per 1,000 SF Leased)
Frontage
254’ on Carolina Beach Rd.

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R07617-003-004-000
Land Assessment
$1,425,781 CAD
Improvements Assessment
$6,087,015 CAD
Total Assessment
$7,512,796 CAD
  • Listing ID: 37254839

  • Date on Market: 2025-08-13

  • Last Updated:

  • Address: 5900 Carolina Beach Rd, Wilmington, NC 28412

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