Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 14,580-square-foot Walgreens located at 1395 W D St, North Wilkesboro, NC 28659. The property, built in 2005 and situated on a 2.2-acre lot, boasts a 100% occupancy rate with a corporate-guaranteed NNN lease. The current lease, commencing July 31, 2005, and expiring July 31, 2030, offers a remaining term of approximately 5.7 years. The asking price is $4,950,000, representing a price per square foot of $339.51 and a… 7.00% cap rate based on a Net Operating Income (NOI) of $346,500. The lease includes 10-year and 5-year renewal options. The property benefits from its location in a strong medical office corridor, across from a major hospital, and within a dense retail corridor featuring national retailers. This Walgreens is the only 24-hour pharmacy in North Wilkesboro, further enhancing its appeal and profitability. The 4.62% assumable debt adds to the investment's attractiveness. The property features a drive-thru pharmacy, contributing to its operational efficiency and customer convenience. This is a rare opportunity to acquire a high-performing, credit-rated tenant property with significant remaining lease term and strong cash flow.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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 · 2020
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 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 2.1 ac
- APN
- 1405805
- Annual tax · 2020
- $24,943
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 any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
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.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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