CVS - 8765 Highway 52

Rockwell, NC 28138

• NNN Property
• Retail for Sale
• $4,031,573 CAD
• 13,573 SF

Rockwell Retail for Sale - Rowan County

The Boulder Group is pleased to exclusively market for sale a single tenant net leased CVS Pharmacy property located within the Charlotte MSA in Rockwell, North Carolina. Successfully operating at this location since its 2008 construction, CVS committed to a long-term lease in 2022 extending through December 2037. The absolute triple-net structure carries zero landlord responsibilities and includes 5% rental escalations in each of the eight 5-year renewal options. The lease is backed by a corporate guaranty from CVS Health Corporation, an investment-grade tenant rated “BBB” by Standard & Poor’s. CVS pays a low absolute rent of $175,000 annually, well below comparable national pharmacy locations. The 13,573 square-foot building is positioned along US Highway 52, benefiting from traffic counts exceeding 12,500 vehicles per day. The surrounding area supports an average household income exceeding $97,000 within a five-mile radius. Neighboring tenants include Food Lion, McDonald’s, AutoZone, Sonic Drive-In, Ace Hardware, O’Reilly Auto Parts, Dollar General, and several others, providing consistent consumer traffic to the immediate area. Furthermore, Rowan County continues to attract significant economic investment, with recent commitments including Macy’s 1.4-million-square-foot fulfillment center in China Grove (up to 2,800 jobs), a Chewy fulfillment center (1,200 jobs), and Jabil Inc.’s $500+ million manufacturing facility (1,181 new jobs). CVS Health is an American healthcare company headquartered in Woonsocket, Rhode Island, operating as one of the largest integrated healthcare providers in the United States. Founded in 1963 by brothers Stanley and Sidney Goldstein along with partner Ralph Hoagland in Lowell, Massachusetts, the company began as a chain of health and beauty aid stores before expanding into pharmacy services. Today, CVS Health operates more than 9,000 retail pharmacy locations across the country and provides services through several key business segments, including CVS Pharmacy (retail), Caremark (pharmacy benefits management), and Aetna (health insurance), which it acquired in 2018 for approximately $69 billion. The company employs over 300,000 people and serves millions of customers daily through its retail stores, MinuteClinic walk-in medical clinics, mail-order pharmacy services, and digital health platforms.

Contact:

The Boulder Group

Property Subtype:

Drug Store

Date on Market:

2026-05-13

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Walgreens - 840 Nc 24 27 Byp E

Albemarle, NC 28001

• NNN Property
• Retail for Sale
• $5,617,652 CAD
• 14,562 SF

Albemarle Retail for Sale - Stanly County

• The tenant currently has 7+ years remaining on their initial lease with 50 (1-year) options to extend, demonstrating their commitment to the site • The lease is Corporate Guaranteed • Walgreens proudly serves nearly 9 million customers and patients each day across its approximately 8,500 stores throughout the U.S. and Puerto Rico

Contact:

SRS National Net Lease

Property Subtype:

Drug Store

Date on Market:

2026-04-28

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IHOP - LEXINGTON, NC - 79 Plaza Pky

Lexington, NC 27292

• NNN Property
• Retail for Sale
• $3,060,310 CAD
• 4,526 SF

• Air Conditioning
• Restaurant

Lexington Retail for Sale - South Davidson County

This offering features a brand-new IHOP restaurant secured by a 15-year Absolute NNN ground lease, delivering zero landlord responsibilities and a reliable, fully passive income stream. The lease includes 10% rental escalations every five years, aligning perfectly with inflation and long-term cash flow growth strategies. The tenant has three (3) five-year options to renew, extending potential occupancy through 35 years, making this a rare long-term asset with built-in rental appreciation. The tenant, Suncakes, LLC, is a 34-unit IHOP franchisee wholly owned by Sun Holdings, Inc., the second-largest franchise operator in the U.S. Sun Holdings boasts a portfolio of over 1,500 units across 12+ major brands including Taco Bell, Popeyes, Arby’s, and Burger King. This level of operational scale, diversification, and financial backing provides significant credit strength and long-term security for the lease. The IHOP is strategically positioned on a ±1.25-acre pad site within a high-traffic, regional power center anchored by Belk, Tractor Supply Co., and Ollie’s Bargain Outlet, and surrounded by national credit co-tenants. Located just east of Cotton Grove Road, and immediately north of Interstate 85, the asset benefits from exceptional traffic counts exceeding 88,000 CPD combined. This provides unmatched visibility and access to both local residents and transient highway traffic. This IHOP investment presents a rare opportunity to acquire a recession-resistant, absolute NNN asset with zero landlord responsibilities, strong rental escalations, and a credit-backed franchisee operating under one of the most recognized national brands. With a strategic high-traffic location in a thriving retail corridor and commitment from a nationally renowned franchise operator, this property checks all the boxes for investors seeking stability, growth, and long-term value. (Building & Land) Fee Simple In Association with Designated Broker: Brian Brockman – Broker License #: 298998 Bang Realty, Inc bor@bangrealty.com 513-898-1551

Contact:

Commercial Investment Advisors, INC

Property Subtype:

Restaurant

Date on Market:

2024-10-10

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