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    Property profile & analytics
    OFF-MARKET Estimated value $2,715,000
    Commercial land

    219 Rodney Orr Byp, Robbinsville, NC 28771-8420

    9,833 SF 1.21 ac lot Built 2009
    Entity Owned ~ Est. High Equity
    Property ID
    US53-3742326
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a fee-simple ownership of a Walgreens pharmacy located at 219 Rodney Orr Bypass, Robbinsville, NC 28771. The 9,665 square foot building, constructed in 2013 and situated on a 1.21-acre lot, is currently operating under an absolute NNN lease with a corporate guarantee from Walgreens, the nation's largest drugstore chain. The lease commenced on December 27, 2013, and has a remaining term of approximately 13.6 years, extending to June 30, 2038, with eleven five-year renewal options. The property boasts a strong 7.25% cap rate and a net operating income (NOI) of $287,520. This location serves as the primary drugstore for the surrounding area, benefiting from high traffic volume exceeding 168,900 visits in the past year, significantly outperforming nearby competitors. Its prime location within Robbinsville's shopping district, across from a grocery-anchored center and a high-traffic home improvement store (with over 102,800 visits annually), ensures consistent customer flow. The property's strategic positioning along a major retail corridor, with high visibility and excellent connectivity, further enhances its investment appeal. This property is also available as part of a larger portfolio sale. The 100% occupancy and long-term lease provide a secure and stable investment with significant upside potential.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 2009
    Total area 9,833 SF
    Lot 1.21 ac (52,708 SF)
    APN 5660-12-00-0005
    UPID US53-3742326
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.09M
    Blend (final) Blend
    $2.72M
    Owner & transaction history
    Bsprt Walgreens Portfolio 12 LLC
    Bsprt Walgreens Portfolio 12 LLC
    since 2025
    Last sale
    $3.0M
    7 recorded transactions
    2025
    2025
    $3.0M
    2023
    2023
    $4.2M
    2022
    2022
    $5.3M
    2014
    $4.9M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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