Property Highlights
- Part of the Walgreens Portfolio – 3 Locations – Available together or individually
- Drug Stores are considered an Essential Business and have remained open during the COVID-19 shutdown
- Investment Grade Credit – BBB Standard & Poor Rating
- Guaranteed by one of the nations top drugstore chains
- Location was updated in 2018 to new Walgreens format
- High Growth Area – The Charlotte MSA ranks among the top MSA’s in US for growth
- Absolute NNN Lease – Over 8.5 years of Lease term remaining
- Strong Locations – Subject is located in a commercial trade area adjoining established residential areas
- Great Real Estate Fundamentals – Signalized Corner on high traffic roads (E Marion St 16,300 VPD and Cherryville Rd: 8,600 VPD)
- Ideal Demographics – Properties feature Average Incomes well above State Averages ($64,000 AHHI)