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Walgreens 1170 E Marion St 14,673 SF Retail Building Shelby, NC 28150 $5,234,700 CAD ($356.76 CAD/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- High Growth Area - The Charlotte MSA ranks among the top MSA’s in US for growth.
- Located in Opportunity Zone.
- Strong Location - Subject is located in a commercial trade area adjoining established residential areas.
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Corner Lot
- Signalized Intersection
- Drive Thru
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Freestanding retail property located in a commercial trade area adjoining established residential areas. The site was updated in 2018 to new Walgreens format. Bordered by 3 streets with 3 ingress/egress points. Signalized Corner with high traffic roads (E Marion St 13,000 AADT and Cherryville Rd: 11,000 AADT). Room for additional construction due to relocation of Peach Street currently underway.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,673 SF | Retail | Outparcel | 120 Days |
1st Floor
| Size |
| 14,673 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| 120 Days |
1st Floor
| Size | 14,673 SF |
| Space Use | Retail |
| Position | Outparcel |
| Available | 120 Days |
Freestanding retail property located in a commercial trade area adjoining established residential areas. The site was updated in 2018 to new Walgreens format. Bordered by 3 streets with 3 ingress/egress points. Signalized Corner with high traffic roads (E Marion St 13,000 AADT and Cherryville Rd: 11,000 AADT). Room for additional construction due to relocation of Peach Street currently underway.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 26771 | Improvements Assessment | $1,759,903 CAD |
| Land Assessment | $459,914 CAD | Total Assessment | $2,219,817 CAD |
PROPERTY TAXES
Presented by
Walgreens | 1170 E Marion St
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