Walgreens Drug
For Sale
Contact for pricing
101 W Gannon Ave, Zebulon, NC 27597
Single-tenant absolute NNN lease with approximately 16 years remaining and no landlord responsibilities.
Property Size14,550 SF
Days on Market145
Property Features for 101 W Gannon Ave
General Information
Standard status
Active
Size
14,550 SF
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 12:04PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This single-tenant Walgreens property contains 14,550 square feet and is leased under an absolute triple-net structure with zero landlord responsibilities. The lease has approximately 16 years remaining and is scheduled to expire August 31, 2034.
Located at 101 W Gannon Ave in Zebulon, North Carolina, the store occupies the signalized intersection of North Arendell Avenue and West Gannon Avenue. West Gannon Avenue carries 16,000 VPD and provides east-west connectivity through Zebulon, while nearby Highway 264 carries 46,000 VPD. Walmart Supercenter, Food Lion, PNC, and McDonald’s are identified among the national retailers in the immediate area.
The property is within the Raleigh–Durham–Chapel Hill CSA and the Research Triangle region, which includes North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill.
Located at 101 W Gannon Ave in Zebulon, North Carolina, the store occupies the signalized intersection of North Arendell Avenue and West Gannon Avenue. West Gannon Avenue carries 16,000 VPD and provides east-west connectivity through Zebulon, while nearby Highway 264 carries 46,000 VPD. Walmart Supercenter, Food Lion, PNC, and McDonald’s are identified among the national retailers in the immediate area.
The property is within the Raleigh–Durham–Chapel Hill CSA and the Research Triangle region, which includes North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill.
Key Highlights
- 14,550 SF single‑tenant Walgreens property
- Absolute triple‑net lease with zero landlord responsibilities
- Approximately 16 years remaining; lease expires August 31, 2034
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Home Improvements & Furnishings 30%
AutoZone
Shops & Services
4,849 visits/mo
0.1 miles
Zebulon True Value
Home Improvements & Furnishings
4,518 visits/mo
0.5 miles
PNC Bank
Shops & Services
2,885 visits/mo
0.1 miles
FedEx Office Print & Ship Center
Shops & Services
2,594 visits/mo
0.2 miles
Demographics for 27597, NC
27,178
Population
11,440
Households
2.4
Avg Household Size
39
Median Age
24%
College-Educated
87%
High-School Grad
118.5 sq mi
ZIP Area
229
Density / Sq Mi
$81,862
Median Household Income
$45,609
Median Earnings
$985
Median Rent
$272,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Zebulon Drug — 303 N Arendell Ave, Zebulon, NC 27597
- Katherine F. Poole, PharmD — 303 N Arendell Ave, Zebulon, NC 27597
- Adams Adrian W — 303 N Arendell Ave, Zebulon, NC 27597
- Meyring Colette C — 303 N Arendell Ave, Zebulon, NC 27597
- Meredith G. White, PharmD — 303 N Arendell Ave, Zebulon, NC 27597
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant absolute NNN lease with approximately 16 years remaining and no landlord responsibilities.
Where is this drug store located?
The property is located at 101 W Gannon Ave Zebulon, NC.
What are key features of this property?
This property features: 14,550 SF single‑tenant Walgreens property; Absolute triple‑net lease with zero landlord responsibilities; Approximately 16 years remaining; lease expires August 31, 2034
