Property summary
This exceptional investment opportunity presents a fee-simple ownership of a Walgreens pharmacy and storefront located at 218 E Doctor M.L.K. Jr Blvd, Roseboro, NC 28382. The property, built in 2010, boasts 9,508 square feet on a 1.34-acre lot and enjoys a prominent position as an outparcel to a Food Lion grocery store, situated along a major retail thoroughfare. The Walgreens tenant, a nationally recognized brand, has occupied the space since December 27, 2013, under an absolute NNN lease… with a corporate guarantee. A recent lease extension ensures occupancy through June 30, 2038, providing a remaining lease term of 13.6 years, with eleven five-year renewal options. The property generates a strong net operating income (NOI) of $207,216, resulting in a 7.25% cap rate. The property benefits from excellent visibility and accessibility, serving a dense residential community and school district. Nearby businesses include O'Reilly Auto Parts, Dollar General, Carlie C's, Roses Express, and Cork & Brew. Data indicates significant foot traffic in the area, with approximately 143,900 visits to the Walgreens location and 460,700 visits to the adjacent Food Lion over the past 12 months. This property is also available as part of a larger portfolio sale including four additional Walgreens locations in the Southeast. The asking price is $2,858,150. This is a rare opportunity to acquire a high-performing, long-term net lease investment with a premier tenant in a strong retail location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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