SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased Walgreens investment property located within the Charlotte MSA in North Carolina. The tenant, Walgreens, has over 9 years remaining on the current lease term with a corporate guaranty, demonstrating their ongoing commitment to the site. The lease structure is absolute NNN with zero landlord responsibilities, as the tenant is responsible
for all expenses including CAM, taxes, insurance, and maintenance, making it an ideal, management-free investment opportunity, especially attractive for out-of-state investors seeking passive income.
The Walgreens is strategically located within a Food Lion anchored shopping center in a high-visibility outparcel position with excellent frontage and access. Neighboring tenants include McDonald’s, Ace Hardware, and United Community Bank, promoting strong cross-shopping synergy and consistent consumer traffic to the center. According to Placer.AI data, the location sees over 297,000 annual visitors, ranking in the top 55th percentile nationally, the 69th percentile in North Carolina, and the 72nd percentile within a 15-mile radius. The property further benefits from its location within the Charlotte MSA, one of the fastest-growing metropolitan areas in the United States, home to a population exceeding 2.8 million and major employers such as Bank of America, Truist, and Wells Fargo. The 5-mile trade area is supported by a population of over 66,000 residents and more than 30,000 daytime employees, with an average household income of $165,654 within a 3-mile radius, significantly above the national average.