NNN Retail Property with
For Sale
Contact for pricing
Pending
456 Conover Blvd W, Conover, NC 28613
Single-tenant pharmacy asset with an absolute NNN lease and signalized-corner access.
Property Size14,550 SF
Days on Market142
Property Features for 456 Conover Blvd W
General Information
Standard status
Pending
Size
14,550 SF
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Traffic Count
44,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Cushman & Wakefield - San Diego, California
(858) 558-5670
Listed By:
Blake Tagmyer · License #CA 01912759
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Aug 30 at 1:24PM
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 Cushman & Wakefield - San Diego, California
Investment Insights
Based on property information with market context.
This 14,550-square-foot Walgreens pharmacy includes a drive-thru and is leased on an absolute NNN basis, leaving no landlord responsibilities under the lease structure. The initial 20-year term began in January 2015, with approximately 11 years remaining and eleven 5-year renewal options thereafter.
The property occupies the signalized intersection of Conover Boulevard W (US-70) and 7th St Pl SW, where combined traffic counts exceed 44,000 vehicles per day. More than 3.4 million square feet of retail space is located within a five-mile radius, including Valley Hills Mall and nearby power centers anchored by Sam’s Club, Walmart Supercenter, Lowe’s Home Improvement, Target, and The Home Depot. Catawba Valley Medical Center, a 258-bed acute care hospital, is also nearby.
The property occupies the signalized intersection of Conover Boulevard W (US-70) and 7th St Pl SW, where combined traffic counts exceed 44,000 vehicles per day. More than 3.4 million square feet of retail space is located within a five-mile radius, including Valley Hills Mall and nearby power centers anchored by Sam’s Club, Walmart Supercenter, Lowe’s Home Improvement, Target, and The Home Depot. Catawba Valley Medical Center, a 258-bed acute care hospital, is also nearby.
Key Highlights
- 14,550‑square‑foot Walgreens pharmacy with drive‑thru
- Absolute NNN lease with zero landlord responsibilities
- 20‑year initial lease began January 2015
Property Analytics
Property Profile
Current Use
Lease Details
44,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 83%
Shops & Services 10%
Apparel 6%
Electronics 1%
McDonald's
Dining
35,041 visits/mo
0.4 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
30,342 visits/mo
0.1 miles
Cook Out
Dining
26,431 visits/mo
0.1 miles
El Paso Mexican Restaurant
Dining
15,753 visits/mo
0.4 miles
SONIC Drive In
Dining
13,042 visits/mo
0.2 miles
Demographics for 28613, NC
22,970
Population
10,222
Households
2.2
Avg Household Size
41
Median Age
20%
College-Educated
85%
High-School Grad
42.4 sq mi
ZIP Area
542
Density / Sq Mi
$55,690
Median Household Income
$38,932
Median Earnings
$822
Median Rent
$208,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant pharmacy asset with an absolute NNN lease and signalized-corner access.
Where is this nnn property located?
The property is located at 456 Conover Blvd W Conover, NC.
What are key features of this property?
This property features: 14,550‑square‑foot Walgreens pharmacy with drive‑thru; Absolute NNN lease with zero landlord responsibilities; 20‑year initial lease began January 2015
