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Locust, NC NNN Properties for Sale

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Freestanding CVS Pharmacy Building
Updated: May 29
Freestanding CVS Pharmacy Building

101 East Main Street, Locust, NC 28097

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10,200 sqft 1.27 AC lot
Freestanding 10,200+ SF CVS Pharmacy on 1.27 acres at 101 East Main Street, Locust, NC
Signalized intersection location on E Main Street and N Central Avenue with ~28,800 VPD combined traffic counts
Corporate‑guaranteed NNN lease by CVS Health Corp. (Fortune 10 company)
Lease recently extended through January 31, 2040, with ~13.7 years remaining
Three (3) additional 5‑year lease options with 10% increases
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Locust, NC, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolute NNN Automotive Property
Absolute NNN Automotive Property

6625 East Independence Boulevard, Charlotte, NC 28212

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7,006 sqft

Absolute net lease structure with a named automotive tenant and direct access from East Independence Boulevard.

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Dual-Tenant NNN Property
Dual-Tenant NNN Property

5637 Albemarle Rd, Charlotte, NC 28212

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2,286 sqft

Two freestanding buildings support long-term absolute NNN leases for Dutch Bros Coffee and Valvoline Instant Oil Change.

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Single-Tenant Walgreens NNN
Single-Tenant Walgreens NNN

735 Cabarrus Ave W, Concord, NC 28027

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15,474 sqft

Leased Walgreens property on an absolute NNN lease with a new 15-year term and scheduled 5% increases.

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NNN Property with Service King Tenant
NNN Property with Service King Tenant

2002 Wilshire Ct SW, Concord, NC 28025

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Lease structure places roof, foundation, and structural responsibilities with the landlord.

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Locust, NC Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Locust, NC on our real estate platform. These investment opportunities span a total of 10,200 square feet of properties for sale.

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Demographics Overview

Population 7,976
Population Growth (5Y) +31.3%
Median Household Income $77,600
College Educated 26.3%

Taxes & Financing

Tax Rate (average for all types) 0.95%
Property Tax per SF $21.29 per SF
Tax Rate vs County Average 0.09 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stanly County

New Delisted

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