Listing Agency: Whitney Commercial j***@whitneycre.com Show Phone

Listed By: Jason Burk, CCIM Show Phone

Source: Moodyscre

Added: Mar 5, 2025 Changed: Jul 27 Last Checked: Jul 30 at 8:24AM

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Investment Insights

Based on property information with market context.

This drive-thru retail space was previously used as a Walgreens and is offered for lease with a configuration suited to businesses that require a drive-thru experience. Signage is available on the front of the building, and a large pylon sign is included for branding and customer identification. The offering also includes abundant off-street parking with 23 spaces.

The property sits on a signalized corner and is described as highly visible, including visibility from I-40. Daily traffic is supported by the adjacent 113,000 square foot Ingles grocery store. The property is subject to use restrictions noted in the listing: no tobacco, vape, or convenience store use.

Key Highlights

• Drive‑thru retail space on a signalized corner with drive‑thru access
• Former Walgreens building with options for bank, restaurant, pharmacy, or other services
• Adjacent to a 113,000 SF Ingles grocery store generating daily traffic to the property

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Dental Office Building Supply Parking Lot & Garage Kitchen & Bath Showroom Auto Parts Store HVAC Service

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

NNN (Triple Net)

Lease Type

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

381

Businesses Nearby

145k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 45% Groceries 34% Shops & Services 19% Hotels & Casinos 2%

Ingles Groceries

49,825 visits/mo 0.1 miles

McDonald's Dining

25,518 visits/mo 0.2 miles

Wendy's Dining

16,579 visits/mo 0.1 miles

BP Shops & Services

14,464 visits/mo 0.1 miles

Taco Bell Dining

13,087 visits/mo 0.0 miles

Demographics for 28711, NC

14,047

Population

7,563

Households

1.9

Avg Household Size

49

Median Age

54%

College-Educated

92%

High-School Grad

103.9 sq mi

ZIP Area

135

Density / Sq Mi

$69,177

Median Household Income

$38,677

Median Earnings

$1,319

Median Rent

$358,400

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

Questions? Ask Rey

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What type of property is this? Where is this drug stores located? What is the lease rate? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

• Walgreens — 510 NC-9, Black Mountain, NC 28711
• Ingles Pharmacy — 550 NC-9, Black Mountain, NC 28711
• COVID-19 Drive-Thru Testing at Walgreens — 510 NC-9, Black Mountain, NC 28711
• Salim Patwa — 540 NC-9, Black Mountain, NC 287113829
• Petrus Van Der Linde — 540 NC-9, Black Mountain, NC 287113829

Frequently Asked Questions

What type of property is this?

Drug store - Drive-thru retail suite on signalized corner with front signage, large pylon sign, and 23 parking spaces.

Where is this drug store located?

The property is located at 510 NC Hwy 9 Black Mountain, NC.

What is the lease rate?

The lease rate is $30 SF/Yr.

What are key features of this property?

This property features: Drive‑thru retail space on a signalized corner with drive‑thru access; Former Walgreens building with options for bank, restaurant, pharmacy, or other services; Adjacent to a 113,000 SF Ingles grocery store generating daily traffic to the property