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    Shelby, NC
    Drug Store

    Shelby, NC Drug Stores for Sale

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    Boiling Springs, NC Cherryville, NC Grover, NC
    Single Tenant Walgreens Net Leased
    Updated: Dec 7, 2022
    Single Tenant Walgreens Net Leased

    1170 E Marion St, Shelby, NC 28150

    $3,750,000
    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 Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Shelby, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

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

    510 NC Hwy 9, Black Mountain, NC

    $799,000
    2,010 sqft · 0.37 AC lot

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

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    Former Walgreens Retail Space Available
    Former Walgreens Retail Space Available

    110 West Garrison Boulevard, Gastonia, NC 28052

    $2,000,000
    11,200 sqft · 1.22 AC lot

    Freestanding retail building with drive-thru in high-traffic location.

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    Drug Store Retail Property
    Drug Store Retail Property

    274 N MAIN ST, Mooresville, NC 28115

    $3,238,000
    11,487 sqft

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

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

    1801 Milton Rd, Charlotte, NC 28215

    $3,523,361
    12,608 sqft · 1.50 AC lot

    Freestanding CVS in Charlotte, NC with corporate guarantee.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Signalized Corner Lot in Newton
    Signalized Corner Lot in Newton

    1123 US 70 Highway, Newton, NC 28658

    $218,000
    1.45 AC lot

    1.45-acre corner parcel in Newton's B-2 Highway Business District.

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    Commercial Land Parcel with Highway Frontage
    Commercial Land Parcel with Highway Frontage

    5728 Reidville Road, Moore, SC 29369

    $999,900
    12.10 AC lot

    Commercial land offering substantial frontage and flexibility for a variety of development concepts.

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    Pad-Ready Commercial Development Parcel
    Pad-Ready Commercial Development Parcel

    206 BO TIRE Way, Lexington, SC 29072

    $2,750,000
    5.89 AC lot

    Pad-ready parcel within a Publix-anchored shopping center, offering direct access from Bo Tire Way.

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    Kingsport Land For Sale
    Kingsport Land For Sale

    Rock Springs Road lot: 5, Kingsport, TN 37664

    $75,000
    0.62 AC lot

    Business office development opportunity in Kingsport, Tennessee.

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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, with an estimated market value of $3,750,000.

    Sale prices for pharmacies in Shelby, NC start at $3,750,000, averaging $3,750,000, and reaching up to $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drug stores 2
    Grocery and convenience stores 1
    Showrooms 1
    Storefront properties 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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