3645 Concord Pkwy Concord, NC 28027
This exceptional retail property presents a unique investment opportunity in Concord, North Carolina. The former Walgreens location boasts 10,908 square feet of vacant space, situated on a 0.95-acre lot at a highly visible corner location. Priced at $1,850,000 ($169.60/sq ft), this property offers significant potential for redevelopment or repurposing. Its strategic location along a major north-south thoroughfare with 12,000 vehicles passing daily ensures high visibility and accessibility. The site benefits from a signalized intersection, maximizing exposure to a substantial customer base. Furthermore, the property enjoys proximity to numerous established businesses, including Walmart, Zaxby's, 7-Eleven, Food Lion, and Murphy Express, creating a strong retail synergy. With a population of 107,253 people residing within a five-mile radius, this location offers a substantial and readily accessible market. The property's size and location make it ideal for a variety of retail uses, presenting a compelling opportunity for investors seeking a high-traffic, well-positioned asset in a thriving community. The vacant status allows for immediate customization and tenant improvements to suit a new business's specific needs. This is a rare chance to acquire a prime retail space in a desirable location with significant growth potential. The property is located at 3645 Concord Pkwy S, Concord, NC 28027.
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higi Physician
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Angela K. CAWA, RPh Pharmacy
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Deiaa El Deen Gad Pharmacy
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.