Property profile

4211 North Carolina 11 Winterville, NC 28590

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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. In Association with ParaSell, Inc. | A Licensed North Carolina Broker #C32060 Location Description 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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4211 North Carolina 11 Winterville, NC 28590
Winterville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$6.06M

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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