3080 Milton Rd
Charlotte, NC 28215

The CBRE Net Lease Property Group is pleased to exclusively offer a 13,804-square foot freestanding Walgreens situated on 1.81 acres in Charlotte, North Carolina (MSA Population: 2.4 million). Built in 1998, Walgreens recently extended their net lease by 10 years, signaling their continued commitment to this location. The site is strategically located on a hard corner at the signalized intersection of Milton Road and North Sharon Amity Road (Combined Traffic Count: 41,000 VPD), just south of E.W.T. Harris Boulevard (Traffic Count: 35,000 VPD), Eastern Charlotte’s primary north-south thoroughfare. Walgreens is immediately adjacent to Wendy’s and Advance Auto Parts and across the street from a shopping center occupied by Compare Foods, AutoZone, McDonald’s, MetroPCS and American Deli among others. Other major retailers in the immediate vicinity include Walmart Neighborhood Market, ALDI, Food Lion, Family Dollar, Cook Out, Pizza Hut, Firestone, Popeyes, Jiffy Lube, Papa John’s, Bank of America, Wells Fargo and Taco Bell among many others. In total, there is 3.7 MSF of retail, 1.5 MSF of office and 3.0 MSF of industrial space within a 3-mile radius. The site is also walking distance to a myriad of apartment complexes and homes (12,893 multifamily units and 34,419 households within a 3-mile radius), providing Walgreens with a built-in customer base. The area further benefits from ideal infill demographics with a population of 94,207 within a 3-mile radius and proximity to Charlotte’s CBD (7.4 miles west). Additionally, the nearest CVS or Rite Aid (new Walgreens) are 1.5 miles and 1.8 miles away, respectively creating minimal competition for this drugstore.