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8765 Highway 52
Rockwell, NC 28138

$2,845,528 USD

Drugstore For Sale  •  13,490 SF

Property Details

• Property Type Drugstore
• Total Building Size 13,573 SF
• Lot Size 1.96 AC
• Building Class B
• Year Built 2007
• Cap Rate 6.15 %
• Tenancy Single
• Zoning B3:GENERAL BUSINESS

30 Walk Score

Highlights

Positioned within the Charlotte MSA – Ranked #21 in the United States for population size

Investment-grade tenant rated BBB by S&P

Corporate guaranty from CVS Health Corporation

Long-term 15-year lease extension signed in 2022

Low absolute rent for a national pharmacy location ($175,000)

Frontage along US Highway 52, with traffic counts exceeding 12,500 vehicles per day

Property Flyers

OM-CVS-Rockwell-NC

Cap Rate:

6.15 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS Pharmacy		12/31/2037

Public Transportation

Commuter Rail	Drive	Walk	Distance
Salisbury Station (Piedmont - North Carolina by Train (NC Train))	15 min	-	8.5 mi
Airport	Drive	Walk	Distance
Concord-Padgett Regional	42 min	-	26.5 mi