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Walgreens Retail Portfolio
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5975 Weddington Rd, Matthews, NC 28104

Five-unit retail portfolio with approximately 10 years of remaining term.

Property SizeContact for details
Days on Market142

Property Features for 5975 Weddington Rd

General Information

Standard status Active
Property subtype Retail

Building Details

Buildings 5
Listing Agency: ParaSell Inc
Listed By: Scott Reid · License #IL - 478027307
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:13PM

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 ParaSell Inc

Investment Insights

Based on property information with market context.

This offering comprises a five-unit retail portfolio associated with Walgreens. The stated term is approximately 10 years, providing a defined remaining lease period for evaluation. The property is located at 5975 Weddington Rd in Matthews, North Carolina.

Key Highlights

  • Walgreens portfolio comprising 5 units
  • Approximately ±10 Yrs Term
  • Located at 5975 Weddington Rd, Matthews, NC 28104

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Western Union Bank FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Law Firm Big Box & Wholesale Store Spa & Massage Center Nail Salon

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

219
Businesses Nearby
277k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 31% Superstores 25% Groceries 20% Shops & Services 20%
Target Superstores
68,497 visits/mo 0.2 miles
Chick-fil-A Dining
39,187 visits/mo 0.2 miles
Harris Teeter Groceries
36,037 visits/mo 0.3 miles
Shell Shops & Services
20,790 visits/mo 0.2 miles
McDonald's Dining
20,740 visits/mo 0.2 miles

Demographics for 28104, NC

34,521
Population
12,751
Households
2.7
Avg Household Size
41
Median Age
57%
College-Educated
95%
High-School Grad
29.6 sq mi
ZIP Area
1,166
Density / Sq Mi
$129,775
Median Household Income
$57,493
Median Earnings
$1,705
Median Rent
$482,200
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 - Five-unit retail portfolio with approximately 10 years of remaining term.
Where is this retail space located?
The property is located at 5975 Weddington Rd Matthews, NC.
What are key features of this property?
This property features: Walgreens portfolio comprising 5 units; Approximately ±10 Yrs Term; Located at 5975 Weddington Rd, Matthews, NC 28104
(949) 942-6585 Call to check price and availability
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