Walgreens NNN
For Sale
Contact for pricing
1902 West Franklin Blvd, Gastonia, NC 28052
Single-tenant retail facility with a drive-thru and corporate-backed lease structure.
Property SizeContact for details
Days on Market145
Property Features for 1902 West Franklin Blvd
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Drive-Thru
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Sands Investment Group Los Angeles
Listed By:
Chris Sands · License #CA 01387583
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 1:51AM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
This Walgreens property is a single-occupant retail asset conveyed fee simple with a NN lease. The lease is guaranteed by Walgreens corporate, which carries an S&P BBB credit rating, and the site has recorded 16 years of Walgreens occupancy since 2001. The building follows a Walgreens prototype developed during the 2000s and includes drive-thru service.
The property is positioned at a signalized intersection on US Route 29, also identified as Franklin Blvd., in Gastonia within the Charlotte MSA. Access includes multiple points of ingress and egress. Approximately 85,000 people live within a five-mile radius, providing a defined surrounding population base for the site.
The property is positioned at a signalized intersection on US Route 29, also identified as Franklin Blvd., in Gastonia within the Charlotte MSA. Access includes multiple points of ingress and egress. Approximately 85,000 people live within a five-mile radius, providing a defined surrounding population base for the site.
Key Highlights
- 100% leased single‑tenant Walgreens property
- Fee simple ownership with NN lease structure
- Corporate‑guaranteed lease; Walgreens carries an S&P BBB credit rating
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
263k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 35%
Shops & Services 34%
Superstores 28%
Apparel 2%
Walmart
Superstores
72,829 visits/mo
0.5 miles
QuikTrip
Shops & Services
29,488 visits/mo
0.2 miles
McDonald's
Dining
25,954 visits/mo
0.1 miles
Dollar Tree
Shops & Services
16,600 visits/mo
0.2 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
16,265 visits/mo
0.3 miles
Demographics for 28052, NC
35,332
Population
15,561
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
83%
High-School Grad
41.4 sq mi
ZIP Area
853
Density / Sq Mi
$46,015
Median Household Income
$34,339
Median Earnings
$1,058
Median Rent
$173,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail facility with a drive-thru and corporate-backed lease structure.
Where is this nnn property located?
The property is located at 1902 West Franklin Blvd Gastonia, NC.
What are key features of this property?
This property features: 100% leased single‑tenant Walgreens property; Fee simple ownership with NN lease structure; Corporate‑guaranteed lease; Walgreens carries an S&P BBB credit rating
