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442 S NC-27 Hwy
Stanley, NC 28164

CVS | Charlotte MSA · Retail Property For Sale

Investment Highlights

  • Corporate Backed Long Term Lease – CVS signed a new 20 year lease in 2017 underscoring their long term commitment to the site
  • MinuteClinic and HealthHub Location – Site features CVS’s new HealthHub format offering a significantly broader range of health care services
  • Hard Corner Location with Drive-Thru in City’s Main Retail Hub – Site is directly across from Bi-Lo, Food Lion and a plethora of national retailers
  • BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $292 billion in 2021
  • Excellent Exposure and Accessibility Along Area’s Main Traffic Artery – Combined daily traffic counts exceed 15,400 vehicles

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,156 SF
Building Class
C
Year Built
1998
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.16
Lot Size
1.46 AC
Zoning
RET05
Parking
52 Spaces (5.12 Spaces per 1,000 SF Leased)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
134201
Land Assessment
$602,030
Improvements Assessment
$1,278,590
Total Assessment
$1,880,620
  • Listing ID: 25894040

  • Date on Market: 6/9/2022

  • Last Updated:

  • Address: 442 S NC-27 Hwy, Stanley, NC 28164

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