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Walgreens NNN Drug Store
For Sale
Contact for pricing
Pending

3441 Kildaire Farm Road, Cary, NC 27518

Fee-simple land and building occupied by Walgreens under a long-term NNN lease.

Property SizeContact for details
Days on Market144

Property Features for 3441 Kildaire Farm Road

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Sep 1 at 2:22AM

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 Kase Group

Investment Insights

Based on property information with market context.

The offering includes the fee-simple interest in the land and building occupied by Walgreens. The property is subject to a long-term NNN lease that commenced March 16, 2020, and extends through April 1, 2035. The lease provides ten 5-year renewal options, with 5% rent increases every 5 years.

Located at 3441 Kildaire Farm Road in Cary, North Carolina, the property sits along a major retail corridor. Nearby retailers include McDonald’s, Publix Supermarket, and Dollar Tree.

Key Highlights

  • Walgreens occupancy under a long‑term NNN lease
  • Lease term runs from March 16, 2020 through April 1, 2035
  • Ten 5‑year renewal options with 5% increases every 5 years

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service David G. Peterson, ... Pharmacy

Suggested Use

Top Pick Law Firm Hair Salon Building Supply Auto Repair Shop Spa & Massage Center Big Box & Wholesale Store

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

293
Businesses Nearby
119k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 44% Dining 41% Shops & Services 8% Apparel 6%
Publix Groceries
33,106 visits/mo 0.2 miles
McDonald's Dining
21,388 visits/mo 0.1 miles
Harris Teeter Groceries
19,290 visits/mo 0.2 miles
Starbucks Dining
14,488 visits/mo 0.1 miles
Goodwill Apparel
6,957 visits/mo 0.1 miles

Demographics for 27518, NC

21,807
Population
9,211
Households
2.4
Avg Household Size
43
Median Age
72%
College-Educated
97%
High-School Grad
9.9 sq mi
ZIP Area
2,203
Density / Sq Mi
$121,242
Median Household Income
$66,460
Median Earnings
$1,537
Median Rent
$594,900
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

  • Harris Teeter Pharmacy 3430 Ten-Ten Rd, Cary, NC 27518
  • Charles Davis 3480 Kildaire Farm Rd, Cary, NC 275181541
  • Whitney Oberkofler 3480 Kildaire Farm Rd, Cary, NC 275181541
  • Walgreens Pharmacy 3441 Kildaire Farm Rd, Cary, NC 27518
  • David G. Peterson, PharmD 3441 Kildaire Farm Rd, Cary, NC 27518

Frequently Asked Questions

What type of property is this?
Drug store - Fee-simple land and building occupied by Walgreens under a long-term NNN lease.
Where is this drug store located?
The property is located at 3441 Kildaire Farm Road Cary, NC.
What are key features of this property?
This property features: Walgreens occupancy under a long‑term NNN lease; Lease term runs from March 16, 2020 through April 1, 2035; Ten 5‑year renewal options with 5% increases every 5 years
(510) 388-4438 Call to check price and availability
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