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ADDRESS
Various Addresses
Drugstore Portfolio
PRICE $14,577,534
SQ FEET 26,384
CAP RATE 6.63%
LEASE EXPIRATION DATE -
DOWNLOAD OMLong-Term Corporate Lease
The properties are secured by long-term 25-year leases with over 10 years remaining, offering consistent rental income, fair market value rental adjustments, and reliable investment stability backed by nationally recognized retailers.
Effortless Ownership
The absolute NNN lease ensures that all property expenses are covered by the tenants, providing investors with a truly maintenance-free investment opportunity.
Strong Credit Rating
All tenants hold a BBB credit rating from Standard & Poor's, reflecting its strong financial position and offering a secure and reliable investment opportunity.
Strategic Location
The properties are strategically positioned at hard corners with drive-thru facilities, offering excellent visibility, accessibility, and convenience, with combined daily traffic counts exceeding 40,000 vehicles.

1002 N Spence Ave, NC 27534

1002 N Spence Ave, NC 27534

1002 N Spence Ave, NC 27534