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Drugstore For Sale • 14,820 SF
| Essential Tenant, Absolute NNN Lease: no Landlord responsibilities whatsoever |
| Long-term Corporate Guaranteed Lease: 14.2 years remaining on initial 25-year term with 10, 5-year renewal options |
| Exceptional Demographics: Waxhaw is a newer, highly affluent and rapidly growing south Charlotte suburb - 56% population growth, $181k AHHI |
| Strategic Location: at the entrance to two major developments: Shoppes at Howard's Mill (Lowe's, Walmart) & Cureton Town Center (Harris Teeter) |
| Investment Grade Credit Tenant: Walgreens Boots Alliance (NASDAQ: WBA)(S&P: BBB, Moody's: Baa2) |
| Institutional Market: Charlotte's job and population growth has outpaced the nation's by 3X over the past decade |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 14,820 SF | 7/31/2034 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Charlotte/Douglas International | 39 min | - | 25.7 mi |
| Concord-Padgett Regional | 49 min | - | 38.2 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 65 |
| Type: | Surface |
| Included in Rent: | Yes |
