Former Rite Aid Site – Investment Opportunity

135 Dale Earnhardt Blvd , Kannapolis, NC  28081

$3,952,000

Price:
$3,952,000
Total Available:
13,813 Sqft.
Contiguous Available:
13,813 Sqft.
Total Acreage:
2.08
Cap Rate:
8%
Year Built:
2003
Zoning Description:
CC (Center City District)
APN / Parcel ID:
5614418029
Building Size:
13,813 Sqft.

Attachments:

Additional Information:

• Former Rite Aid with income term remaining.
• Absolute Net Lease | No Landlord Responsibilities.
• Prototypical Freestanding Building with Drive-Thru.
• Improved Credit – Lease Guaranteed by Walgreen’s Co Investment Grade Tenant – Standard & Poor’s Credit Rating – “BBB”.
• Site Located adjacent to North Carolina Research Campus and 3.6 Miles from Shaw University.
• Population Within a 5-Mile Radius Exceeds 75,000 people.
• Household Income Within a 3-Mile Radius: $60,000+.
• Charlotte MSA | Site is 27 miles north of Charlotte.
• Nearest Walgreen’s to subject site is 2 Miles.
• Neighboring National Retailers Include: Hardee’s, Food Lion, Pizza Hut, Subway, Wells Fargo, and more.

Map of 135 Dale Earnhardt Blvd , Kannapolis, NC  28081

Location:
135 Dale Earnhardt Blvd
Kannapolis, NC  28081
Map

Listing Brokers:


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