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Walgreens Retail Property
For Sale
Contact for pricing
Pending

1630 Andrews Road, Murphy, NC 28906

Retail property identified by the Walgreens name in Murphy, North Carolina.

Property Size14,430 SF
Days on Market44

Property Features for 1630 Andrews Road

General Information

Standard status Pending
Size 14,430 SF
Property subtype Retail

Additional Details

Cap Rate 5.33%
Listing Agency: Century 21 Peak Commercial Los Angeles
Listed By: Jason Flashman · License #CA 01841976
Source: Crexi
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 12:46PM

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 Century 21 Peak Commercial Los Angeles

Investment Insights

Based on property information with market context.

The property is a retail asset identified by the Walgreens name, comprising 14,430 square feet. It is offered for sale and carries a reported 5.33% cap rate.

Located at 1630 Andrews Road in Murphy, North Carolina, the property is identified by ZIP Code 28906.

Key Highlights

  • 14,430 SF retail property
  • Reported 5.33% cap rate
  • Located at 1630 Andrews Road in Murphy, NC 28906

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply Electrical Service (Bike/Boat/Book/etc) Store Locksmith Dental Office Bakery

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

Location Intelligence

Trade Area within ½ mile

191
Businesses Nearby
172k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 42% Groceries 20% Dining 16% Shops & Services 11%
Walmart Superstores
73,151 visits/mo 0.3 miles
Ingles Groceries
34,312 visits/mo 0.4 miles
Murphy USA Shops & Services
18,905 visits/mo 0.2 miles
Burger King Dining
15,561 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
12,751 visits/mo 0.1 miles

Demographics for 28906, NC

19,896
Population
12,992
Households
1.5
Avg Household Size
55
Median Age
24%
College-Educated
92%
High-School Grad
333.4 sq mi
ZIP Area
60
Density / Sq Mi
$52,669
Median Household Income
$34,257
Median Earnings
$872
Median Rent
$219,800
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property identified by the Walgreens name in Murphy, North Carolina.
Where is this retail space located?
The property is located at 1630 Andrews Road Murphy, NC.
What are key features of this property?
This property features: 14,430 SF retail property; Reported 5.33% cap rate; Located at 1630 Andrews Road in Murphy, NC 28906
More about this property
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