For Sale $6,547,300
Property Type Retail - Freestanding
Property Size 14,490 SF
Lot Size 1.3 Acre
Date Updated Mar 4, 2024

In the heart of Eastern NC, Winterville combines a welcoming small town serenity with the conveniences of the adjacent City of Greenville. Winterville is located 85 miles south-east of Raleigh, less than 80 miles inland from the NC beaches and close to many other historic towns and cities in the state.The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Winterville, North Carolina. The lease calls for zero landlord obligations and corporately guaranteed by Walgreens. This Walgreens is one of the Top 500 Walgreens stores according to Placer AIBeyond the initial term, tenant has fifty (50) years of options with 12 month cancellation rights. This Walgreens benefits from its position along a busy major commercial thoroughfare with exposure to 32,983 vehicles per day along South Memorial Drive. The site is across the Street from Pitt Community College and neighbors major retailers including Sam's Club, Advance Auto Parts, Chick-fil-A, UPS, Dairy Queen, McDonald's, Starbucks, Papa Johns Pizza & many more.

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Highlights

Absolute NNN Lease
Zero Landlord Obligations
Corporate Guarantee - NASDAQ:WBA
S&P Rated BBB- Investment Grade Credit
Top 500 Walgreens store according to Placer AI
Well Positioned along Busy Major Commercial Thoroughfare - 32,983 VPD
Dense Demographics - 95,564 Residents within a 5-Mile Radius
Across the Street from Pitt Community College - 7,346 Students
Neighboring Retailers Include Sam's Club, Advance Auto Parts, Chick-fil-A, UPS, Dairy Queen, McDonald's, Starbucks, Papa Johns Pizza & many more

Contacts

Jacob Abusharkh

The Kase Group

(415) 269-2474

Location

Getting Around

Walk Score ®
52/100 Somewhat Walkable
Bike Score ®
40/100 Somewhat Bikeable

Map
Street

City Winterville, NC
Neighborhood Winterville
Zip Code 28590

Points of Interest

Sam's Club

0.08 miles
Speedway

0.35 miles
Sheetz

0.35 miles
BP

0.59 miles
Speedway

1.76 miles
Speedway

1.89 miles
Speedway

2.58 miles
Sheetz

2.96 miles
Exxon

3.33 miles
Speedway

3.33 miles

A1/A3

4.27 miles
Patient Parking

4.27 miles
Outpatient Parking

4.29 miles
A1/A3

4.33 miles
Patient Parking

4.34 miles
B4

4.37 miles
Krispy Kreme

4.39 miles
A1/A3

4.43 miles
B1/B3

4.46 miles
C2

4.48 miles

Rucker John's

0.59 miles
Cheddar's

1.25 miles
Michaelangelo's Pizza on Memorial

1.34 miles
Ruby Tuesday

1.40 miles
Red Robin

1.71 miles
Texas Roadhouse

1.71 miles
Cracker Barrel

1.72 miles
East Coast Wings And Grill

1.75 miles
Outback Steakhouse

1.80 miles
Sakura Asian Express

1.80 miles

ALDI

0.57 miles
Walmart Neighborhood Market

0.81 miles
The Fresh Market

1.32 miles
Kohl's

1.43 miles
Food Lion

1.54 miles
Ross

2.08 miles
Marshalls

2.10 miles
Walmart Supercenter

2.27 miles
Target

2.46 miles
TJ Maxx

2.53 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $3,273,650.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 14,490 square feet.

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