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    Shelby, NC
    Drug Store

    Shelby, NC Drug Stores for Sale

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    Whiteville, NC New Bern, NC Boiling Springs, NC Grover, NC Kings Mountain, NC Cherryville, NC Kingstown, NC Lawndale, NC
    Single Tenant Walgreens Net Leased
    Updated: Dec 7, 2022
    Single Tenant Walgreens Net Leased

    1170 E Marion St, Shelby, NC 28150

    Contact for pricing
    14,673 sqft 1.52 AC lot
    Investment Grade Credit: BBB Standard & Poor's credit rating, guaranteed by Walgreens.
    Absolute NNN Lease: Enjoy a completely hands‑off investment with no landlord responsibilities.
    Rare 10% Rent Escalation: Benefit from rent increases in option terms.
    High Growth Area: Property is located in the thriving Charlotte MSA.
    Strong Location: Situated on a signalized corner with high traffic and strong demographics.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Shelby, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Freestanding Pharmacy Building
    Freestanding Pharmacy Building

    601 East King Street, Kings Mountain, NC 28086

    Contact for pricing
    11,300 sqft

    Freestanding Rite Aid pharmacy property operated by a long-term tenant with recent lease extension terms.

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    Freestanding Retail Building with Drive-Thru
    Freestanding Retail Building with Drive-Thru

    110 W Garrison Blvd, Gastonia, NC 28052

    Contact for pricing
    11,200 sqft 1.22 AC lot

    Freestanding former drug store with a drive-thru window, ample parking, and prominent access at a signalized intersection.

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    Walgreens on Sugar Creek Road
    Walgreens on Sugar Creek Road

    2200 W Sugar Creek Road, Charlotte, NC 11396

    $5,220,000

    Neighborhood pharmacy with drive-thru in a growing Charlotte location.

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    Freestanding CVS in Charlotte, NC
    Freestanding CVS in Charlotte, NC

    1801 Milton Rd, Charlotte, NC 28215

    Contact for pricing
    12,608 sqft 1.50 AC lot

    Freestanding CVS in Charlotte, NC with corporate guarantee.

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    Shelby, NC Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Shelby, NC on our real estate platform. These investment opportunities span a total of 14,673 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 2
    Showrooms 2
    Auto shops 1
    Automotive properties 1
    Banks 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +1.3%
    Median Household Income $54,533
    College Educated 44.5%

    Taxes & Financing

    Tax Rate (average for all types) 1.21%
    Property Tax per SF $23.81 per SF
    Tax Rate vs County Average 0.01 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cleveland County

    New Delisted

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