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Walgreens NNN Property
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803 N JK Powell, Whiteville, NC 28472

Long-term pharmacy tenancy at a signalized corner along Whiteville’s main retail corridor.

Property SizeContact for details
Days on Market145

Property Features for 803 N JK Powell

General Information

Standard status Active
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Newmark | Orange County - Irvine
Listed By: Matthew Berres · License #CA 01977909
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 2:14AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark | Orange County - Irvine

Investment Insights

Based on property information with market context.

This NNN property is leased to Walgreens under a primary term with more than 12 years remaining. The lease also provides ten five-year renewal options, creating an extended contractual term for the occupant.

The property occupies the hard corner of JK Powell Boulevard and Washington Street at a signalized intersection in Whiteville, North Carolina. Its placement along the community’s main retail corridor provides a prominent position within the local commercial area.

Key Highlights

  • >12 years remaining on the primary lease term
  • Ten five‑year renewal options
  • NNN lease structure

Property Analytics

Current Use

Drug stores

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

Demographics for 28472, NC

17,308
Population
8,073
Households
2.1
Avg Household Size
44
Median Age
18%
College-Educated
91%
High-School Grad
197.9 sq mi
ZIP Area
87
Density / Sq Mi
$48,963
Median Household Income
$36,535
Median Earnings
$788
Median Rent
$141,000
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Long-term pharmacy tenancy at a signalized corner along Whiteville’s main retail corridor.
Where is this nnn property located?
The property is located at 803 N JK Powell Whiteville, NC.
What are key features of this property?
This property features: >12 years remaining on the primary lease term; Ten five‑year renewal options; NNN lease structure
More about this property
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