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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

$2,068,421
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.

Charlotte Retail Investment Opportunity
Charlotte Retail Investment Opportunity

7010-7014 Smith Corners Blvd, Charlotte, NC 28269

$6,800,000
31,802 sqft

31,802 SF commercial property in Northlake Village, Charlotte, NC.

View details
Caliber Collision Investment Opportunity
Caliber Collision Investment Opportunity

2760 Concord Parkway South, Concord, NC 28027

$4,600,000

Long-term corporate lease in high-growth Charlotte submarket.

View details
Single-Tenant Walgreens NNN
Single-Tenant Walgreens NNN

735 Cabarrus Ave W, Concord, NC 28027

Contact for pricing
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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Fully Leased Auto Repair NNN
Fully Leased Auto Repair NNN

4750 Albemarle Rd, Charlotte, NC 28205

Contact for pricing

Auto repair shop is fully leased on an NNN basis through May 2030 with tenant extension rights.

View details

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, with an estimated market value of $2,068,421.

Sale prices for triple net lease properties in Locust, NC start at $2,068,421, averaging $2,068,421, and reaching up to $2,068,421 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

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

High-Yield Neighborhoods for Investment

Identify Locust submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
28097 $2.1M

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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