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1260-1270 Union St
Concord, NC 28025

$2,538,000 USD

Drugstore For Sale  •  10,648 SF

Property Details

• Property Type Drugstore
• Total Building Size 11,999 SF
• Lot Size 2.55 AC
• Building Class B
• Year Built 2010
• Tenancy Single

0 Transit Score

39 Walk Score

Highlights

Exceptional Location – Located on the signalized corner of U.S Highway 601 and Union St which captures over ±29,600 Vehicles Per Day.

Strong Location – This store is ranked within the top 9% in the state of North Carolina and top 20% in the nation

Zero Cash Flow – A zero cash flow investment allows an individual to essentially shelter income.

Investment Grade Credit Tenant – Investment Grade Rating by the S&P 500. Lease is guaranteed by CVS Health Corp.

Ideal Demographics – This CVS Pharmacy is situated in an affluent area with the average household income exceeding $103,410 within a 3-mile radius.

Zero Landlord Responsibilities – Zero landlord responsibilities providing a passive investment.

Amenities

• Freeway Visibility
• Pylon Sign
• Signage
• Signalized Intersection
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Concord-Padgett Regional	24 min	-	13.6 mi
Charlotte/Douglas International	45 min	-	29.5 mi