Drug Store

Shelby, NC Drug Stores for Sale

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

1170 E Marion St, Shelby, NC 28150

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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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See hot listings in Shelby

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

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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.

Drug Store Retail Property
Drug Store Retail Property

274 N MAIN ST, Mooresville, NC 28115

Contact for pricing
11,487 sqft

Retail drug store asset offered for sale, noted for 11+ years of history and no rent holiday.

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Former Walgreens with Drive-Thru
Former Walgreens with Drive-Thru

510 NC Hwy 9, Black Mountain, NC

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2,010 sqft 0.37 AC lot

Drive-thru space at signalized corner near Ingles grocery store.

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

1801 Milton Rd, Charlotte, NC 28215

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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

Auto shops 1
Automotive properties 1
Drug stores 1
Grocery and convenience stores 1
Showrooms 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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