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402 S Main St
Rolesville, NC 27571

$5,200,000 USD

Drugstore For Sale  •  13,824 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,824 SF
  • Lot Size 1.74 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 5.93 %
  • Tenancy Single
  • Zoning Special Use Commercial
0 Transit Score
54 Walk Score

Highlights

CVS/pharmacy at the Four-Way Signalized Intersection of S Main Steet and Rogers Road (+/- 25,000 Vehicles Per Day)
Rolesville, NC was the Fastest Growing Town in the State Per 2020 Census Data; Currently Has 2,400+ Dwelling Units Under Construction
Explosive Historical Growth (150% from 2010 to 2020) with Robust 12% Growth Projected Between 2023 and 2028
Strong Surrounding Retail Synergies with Publix, 7-Eleven, and Bojangles Currently Under Construction
Long Term NNN Lease Featuring Over 12 Years of Term Providing Maximum Security
Corporate Guarantee from CVS, the 6th Ranked Company on the Fortune 500 w/ an S&P Credit Rating of BBB

Property Flyers

Cap Rate: 5.93 %

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Raleigh-Durham International 33 min - 23.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 71
Type: Surface
Included in Rent: Yes
Christopher Pappas 212-430-5180 Marcus & Millichap
Christopher Pappas 212-430-5180 Marcus & Millichap