Property summary
This exceptional investment opportunity presents a fee-simple, Class A, 13,824 square foot CVS Pharmacy located at 402 S Main St, Rolesville, NC 27571. The property sits on a 1.74-acre lot and boasts a strong 5.93% cap rate with a Net Operating Income (NOI) of $308,490. The absolute NNN lease with CVS Health, a Fortune 500 company, features a remaining term of 12.2 years, expiring January 30, 2037, with multiple 5-year renewal options and rent bumps in each option. The property benefits from… a high-traffic location at the signalized intersection of S Main Street (15,000 vehicles per day) and Rogers Road (9,000 vehicles per day) in Rolesville, NC, within the Raleigh-Durham-Cary MSA. Rolesville is experiencing explosive growth, having grown over 150% between 2010 and 2020, with over 2,400 dwelling units currently under construction or review. Population growth within a 3-mile radius is projected at nearly 12% between 2023 and 2028. The property enjoys strong retail synergy, surrounded by national retailers including Food Lion, McDonald's, AutoZone, Dollar General, Sonic, and future locations of Publix, 7-Eleven, and Bojangles. The asking price is $5,200,000 ($376.16 per square foot), making this an ideal 1031 exchange opportunity. The property is 100% occupied and built in 2005.
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 · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
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 · 8 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
- GBA
- 14,652 SF
- Lot area
- 1.74 ac
- Year built
- 2004
- Stories
- 1
- APN
- 1758.08-89-2738 0311764
- Zoning
- CO
- Assessed value · 2023
- $4,982,146
- Annual tax · 2023
- $55,651
- Commercial (general)
- Medical Building
- Retail Stores · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
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
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- Location Insight
- Alternative use
- Local Zoning Insight
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