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CVS Drug Store
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1305 Matthews Township Pkwy, Matthews, NC 28105

Longstanding CVS occupancy continues with 9 years of remaining term beside Novant Health Matthews Medical Center.

Property Size12,608 SF
Days on Market141

Property Features for 1305 Matthews Township Pkwy

General Information

Standard status Active
Size 12,608 SF
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Colliers - Richmond, Virginia
Listed By: Mark Williford · License #CO FA100036567
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Richmond, Virginia

Investment Insights

Based on property information with market context.

Located at 1305 Matthews Township Parkway in Matthews, North Carolina, the property is a 12,608 rentable-square-foot drug store occupied by CVS. The company has operated at the site for over 26 years, and the remaining lease term is 9 years.

The property sits adjacent to Novant Health Matthews Medical Center within the Charlotte MSA. Its established pharmacy use and continued CVS occupancy define the asset’s current commercial profile, while the medical center adjacency provides important surrounding context.

Key Highlights

  • 12,608 rentable square feet of building area
  • CVS occupancy extending over 26 years
  • 9 years of remaining term

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store MoneyGram Bank CVS Pharmacy CVS Pharmacy Pharmacy James R. Kermes ... Pharmacy

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Florist Butcher Grocery & Convenience Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,366
Businesses Nearby
126k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 38% Home Improvements & Furnishings 28% Dining 23% Shops & Services 9%
Harris Teeter Groceries
47,240 visits/mo 0.4 miles
The Home Depot Home Improvements & Furnishings
35,063 visits/mo 0.4 miles
First Watch Dining
8,853 visits/mo 0.4 miles
State Employees Credit Union Shops & Services
7,077 visits/mo 0.5 miles
Bruegger's Dining
6,943 visits/mo 0.5 miles

Demographics for 28105, NC

44,085
Population
17,906
Households
2.5
Avg Household Size
41
Median Age
52%
College-Educated
95%
High-School Grad
23.2 sq mi
ZIP Area
1,900
Density / Sq Mi
$104,242
Median Household Income
$52,175
Median Earnings
$1,663
Median Rent
$389,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

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  • Thomas Herrick, RPH 701 Crestdale Rd, Matthews, NC 28105
  • Susan C. Cone, RPh 701 Crestdale Rd, Matthews, NC 28105, United States

Frequently Asked Questions

What type of property is this?
Drug store - Longstanding CVS occupancy continues with 9 years of remaining term beside Novant Health Matthews Medical Center.
Where is this drug store located?
The property is located at 1305 Matthews Township Pkwy Matthews, NC.
What are key features of this property?
This property features: 12,608 rentable square feet of building area; CVS occupancy extending over 26 years; 9 years of remaining term
More about this property
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