1170 E Marion St - Drug Store FOR SALE


Shelby, NC 28150
$3,750,000 USD
919-455-3995
1170 E Marion St, Shelby, NC for Sale
$3,750,000 USD
Drug Store - FOR SALE
1/6
null | 6.9% Cap Rate

1170 E Marion St
Shelby, NC 28150


HIGHLIGHTS

  • High Growth Area - The Charlotte MSA ranks among the top MSA’s in US for growth.
  • Strong Location - Subject is located in a commercial trade area adjoining established residential areas.
  • Located in Opportunity Zone.

OVERVIEW

Property located in an Opportunity Zone in the Charlotte MSA, one of the top MSA's in the US for growth. The property is located in a commercial trade area adjoining established residential areas, on a signalized corner with high traffic roads (E Marion St 13,000 AADT and Cherryville Rd: 11,000 AADT). The property is bordered by 3 streets and has 3 ingress/egress points.

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$256 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.52 AC

LAND SF

66,211 SF

ZONING

GB

APN/PARCEL ID

26771

ASK ABOUT THIS PROPERTY

Greyson TavolacciAPG AdvisorsMore Info
919-455-3995

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Greyson TavolacciAPG AdvisorsMore Info
919-455-3995

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.