Drugstore For Sale • 12,940 SF
| Affluent Charlotte Suburb: Waxhaw is an upscale residential community located ~30 minutes south of Charlotte, part of the fast-growing Union County |
| High-Income Demographics: Median household income exceeds $235,000 within a 1-mile radius |
| Explosive Population Growth: Waxhaw has experienced significant population increases over the past decade due to suburban migration |
| Desirable Quality of Life: Known for its excellent schools, historic downtown, and proximity to nature trails and green space |
| Retail Demand Drivers: Strong daytime population supported by a mix of residential density, local employers, and proximity to Charlotte’s metro |
| Limited Retail Competition: Low retail vacancy and limited new retail development in the immediate area contribute to long-term tenant success |
| Cap Rate: | 7.00 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| CVS Pharmacy | 1/1/2031 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Charlotte/Douglas International | 31 min | - | 19.2 mi |
| Concord-Padgett Regional | 46 min | - | 36.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 65 |
| Type: | Surface |
| Included in Rent: | Yes |