Available

8+ Year NNN Walgreens in Charlotte MSA

840 NC HWY 24/27 BYPASS E, ALBEMARLE, NC 28001

$4350000 /$150,000

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Available

8+ Year NNN Walgreens in Charlotte MSA

840 NC HWY 24/27 BYPASS E, ALBEMARLE, NC 28001

$4350000 /$150,000

7.75% Beds
8.4
$337,000 NNN
  • Close proximity to Walmart Supercenter and Loweโ€™s anchored shopping centers
  • Low rent PSF $22.74
  • Strong Sales with Long Operating History
  • True Hard Corner Location with Great Visibility
  • Freestanding building with drive-thru
  • Full Walgreens corporate guaranty

This is a the opportunity to purchase a fee simple interest in the Walgreens located in Albemarle, North Carolina (โ€œthe Propertyโ€). The Property consists of a 14,634-square-foot freestanding retail building, on a 2.763-acre parcel of land. Walgreens is operating under an Absolute NNN lease with zero landlord responsibilities, offering a truly passive investment asset. The Property is situated on North Carolina Highway 27, a major thoroughfare that provides excellent connectivity to the broader Charlotte MSA. Additionally, the Property is located on East Main Street, a prominent retail trade area in Albemarle.

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