Single-Tenant Walgreens
735 Cabarrus Ave W Concord, NC 28027
735 Cabarrus Ave W, Concord, NC, 28027
Contact for pricing
For Sale
Contact for pricing
Pending
Leased Walgreens property on an absolute NNN lease with a new 15-year term and scheduled 5% increases.
Property Size15,474 SF
Days on Market102
Property Features for 735 Cabarrus Ave W
General Information
- Standard status
- Pending
- Size
- 15,474 SF
- Property subtype
- Retail
Listing agency
The Kase Group
(510) 388-4438
Listed by
Jeff Bracco · License #CA 01336201
Source
Crexi
Added: Apr 11 Updated: Jul 20 at 9:32PM Checked: Jul 21 at 1:33PM
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 subject property is a 15,474-square-foot, single-tenant building leased to Walgreens (WBA) on an absolute NNN basis. The tenant has a new 15-year lease with 5% increases every five years.
Located in Concord, North Carolina, the property benefits from heavy traffic along Cabarrus Ave West and Warren C Coleman Blvd East, with reported volumes of over 19,000 VPD. The area is home to major retailers including Big Lots, McDonald’s, Food Lion, and Walmart Supercenter.
As a Walgreens single-tenant NNN asset, the property is positioned for investors seeking an income-producing retail drug store location under an absolute net structure.
Located in Concord, North Carolina, the property benefits from heavy traffic along Cabarrus Ave West and Warren C Coleman Blvd East, with reported volumes of over 19,000 VPD. The area is home to major retailers including Big Lots, McDonald’s, Food Lion, and Walmart Supercenter.
As a Walgreens single-tenant NNN asset, the property is positioned for investors seeking an income-producing retail drug store location under an absolute net structure.
Key Highlights
- 15,474 SF building leased to Walgreens (WBA) on an absolute NNN lease
- New 15‑year lease term in place with 5% increases every 5 years
- Located in Concord, NC near Cabarrus Ave West and Warren C Coleman Blvd East
Property Analytics
Location Intelligence
Current Use by Public Records
Cardtronics ATM
Atm
Redbox
Cinema
FedEx OnSite
Postal Service
Western Union
Bank
COVID-19 Drive-Thru Testing ...
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Brandon M. Krug, PharmD — 931 Concord Pkwy S, Concord, NC 28027
- COVID-19 Drive-Thru Testing at Walgreens — 735 Cabarrus Ave W, Concord, NC 28027
- Cbd Life — Concord, NC 28027
- Elena Stambone — 760 Cabarrus Ave W, Concord, NC 280276851
- Devan Conley — 760 Cabarrus Ave W, Concord, NC 280276851
FAQs
What type of property is this?
Drug store - Leased Walgreens property on an absolute NNN lease with a new 15-year term and scheduled 5% increases.
Where is this drug store located?
The property is located at 735 Cabarrus Ave W Concord, NC.
What are key features of this property?
This property features: 15,474 SF building leased to Walgreens (WBA) on an absolute NNN lease; New 15‑year lease term in place with 5% increases every 5 years; Located in Concord, NC near Cabarrus Ave West and Warren C Coleman Blvd East
