3793 Guess Rd Durham, NC 27705

This exceptional investment opportunity presents a 10,513-square-foot Walgreens, situated on a 1.3-acre lot (56,748 sq ft) at 3793 Guess Rd, Durham, NC 27705. The property boasts a strong 8.00% cap rate, generating a net operating income (NOI) of $423,000, with an asking price of $5,287,500 ($502.95/sq ft). This is an absolute NNN (Triple Net) lease, meaning zero landlord responsibilities, and is further secured by a corporate guarantee from Walgreens Boots Alliance (NASDAQ: WBA). The lease is for a single tenant with 100% occupancy. The property enjoys a highly visible corner location with excellent ingress and egress, benefiting from strong surrounding demographics, including over 120,000 people within a 5-mile radius. Neighboring retailers include prominent brands such as Dollar Tree, Food Lion, Ollie's Bargain Outlet, and Starbucks, indicating a thriving commercial area. Beyond the initial lease term, the tenant holds fifty (50) years of options with 12-month cancellation rights. This investment offers exceptional stability and potential for long-term growth within the Raleigh-Durham-Cary MSA. The property's prime location and the strength of the Walgreens brand make this a compelling opportunity for discerning investors.