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1498 White Mountain Hwy
North Conway, NH 03860

$5,548,000 USD

Drugstore For Sale  •  13,666 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,666 SF
  • Lot Size 1.94 AC
  • Building Class C
  • Year Built 2008
  • Cap Rate 7.30 %
  • Tenancy Single
  • Zoning C
0 Transit Score
56 Walk Score

Highlights

Over 9 years remaining on initial 25-year Absolute NNN FLAT lease through September 30, 2033 with fifty 1-year renewal option.
Walgreens (NASDAQ: WBA; S&P Credit Rating BBB-; Moody’s Rating Ba2) operates nearly 9,000 retail locations across the U.S. and Puerto Rico
Situated on a large ±1.935- acre lot with great visibility/access on White Mountain Hwy (main north/south thoroughfare)
From a traffic standpoint, this site ranks in the top 22% of Walgreens locations in New Hampshire and the top 32% nationally.
Settlers Green Outlets have a draw of 2.4 million shoppers annually
2023 DEMOGRAPHICS: Total Population (5-MI): 9,322 | Average Household Income (1-MI): $98,619
Cap Rate: 7.30 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens

Amenities

  • Dedicated Turn Lane
  • Signage
  • Drive Thru

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC