Walgreens Investment Opportunity – 900 Shelby Road

Perched at 900 Shelby Road, this Walgreens location presents investors with a hands-off investment opportunity to enhance their portfolio.

Originally built in 2012, this meticulously maintained 13,640-square-foot Walgreens sits on a generous 1.92-acre lot, offering ample parking for both employees and visitors.

Lease Structure:

• Secured by a NNN lease (tenant responsible for all property expenses)
• 25-year lease began in 2012; current term runs through 2037
• 12 years remaining on initial term
• 10 additional 5-year renewal options
• No scheduled rent increases, ensuring long-term stability and consistent cash flow

Why Invest?

• Ideal for passive investors seeking a low-risk asset
• Tenant: Walgreens – a Fortune 500 company with a strong national presence
• Financially stable tenant reduces default risk and enhances investment security
• Recession-resistant business model provides additional peace of mind

Prime Location Benefits:

• Excellent visibility at a signalized intersection on Shelby Road
• High daily traffic counts from a mix of national and local retailers
• Located just 30 miles west of Charlotte
• Close to Crowders Mountain State Park, Kings Mountain State Park, and Rankin Lake Park
• Easy access to Interstate 85, Route 74, and Charlotte Douglas International Airport

📅 Property tours available by appointment only. Please contact the listing broker to schedule.