3 streets with 3 ingress/egress points. Average Incomes well above State Averages ($82,097, AHHI, 1 mile radius) 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. Located in a commercial trade area adjoining established residential areas.
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Investment Highlights Investment Grade Credit – BBB Standard & Poor Credit Rating Guaranteed by one of the nation’s top drugstore chains Location was updated in 2018 to new Walgreens format High Growth Area – The Charlotte MSA ranks among the top MSA’s in US for growth Walgreens vacated property March 2024 Rare 10% rent escalation
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