INVESTMENT OPPORTUNITY
SAB Capital is pleased to present Walgreens in Morganton, North Carolina. The lease features an absolute triple net (NNN) structure with a corporate guarantee from Walgreens, the 18th ranked company in the Fortune 500. The property sits on a dense retail corridor with Walmart and Tractor Supply Co., as well as a number of restaurants.
- Walgreens in Morganton, NC | 62 Miles Northwest of Charlotte
- Zero Landlord Responsibilities | Absolute Triple Net (NNN) Lease Structure
- Signalized Corner Location | N Green Street & Independence Boulevard Intersection Sees Over 20,000 Vehicles Per Day
- Corporately Guaranteed Lease | Walgreen’s Has Around 9,000 Locations
- Prominent Pharmacy Operator | Walgreens is the 18th Ranked Company in the Fortune 500
- Proven Long Term Location | Walgreens Has Operated Here Since 2000
- National Retailers Located Nearby | Bojangle’s, Tractor Supply Co., Walmart, and Many More
| Tenant | Price | Cap Rate | Lease Type | Square Feet | Status |
|---|---|---|---|---|---|
| Walgreens | $2,735,000 | % | Closed |
