Map of Property

Walgreens

For Sale

121 Railroad Avenue, Rutherfordton, NC 28139

This Rutherfordton property for sale is located at 121 Railroad Avenue. The current listed sale price for Walgreens is $1,750,000. Walgreens is situated on a lot that is 1.6 acre in size.

Contacts

broker
Robert Michil

Legacy Real Estate Advisors

Property Details

  • Property Type Retail - Street Retail
  • Property Size 11,200 SF
  • Lot Size 1.6 Acre
  • Additional Rent Contact for pricing
  • Year Built 2000
  • Date Updated Dec 3, 2024
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Highlights

  • Single-Tenant Freestanding Walgreens In Rutherfordton, NC
  • Located on Hard, Signalized Corner with 23,000+ VPD
  • Strong Fundamental Real Estate with Multiple Points of Access and Attractive Curb Appeal
  • Current Annual Rent of $11.72 PSF is Replaceable & Well Below the Chainwide Average, Improving Likelihood of Renewal
  • NNN Lease - Landlord Responsibility Limited to Roof/Structure
  • New Roof Replaced in 2019
  • Equipped With Ample Parking (66 Surface Spaces)
  • Rare 5% Increases During Base Term And Options
  • Walgreens Holds an Investment Grade Credit Rating of "BBB" With S&P
  • Rent Shown is Effective as of 10/1/2025. Seller to Credit Difference at COE

Getting around

  • 38/100

    Walk Score ®

  • 47/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Rutherfordton, NC
  • Zip Code 28139

Points of Interest

  • Murphy USA

    3.23 miles

  • Quality Plus

    3.49 miles

  • Speedway

    4.05 miles

  • Shell

    4.14 miles

  • Ingles Gas Express

    4.58 miles

  • Southern Star

    5.50 miles

  • Gilkey Store

    6.00 miles

  • Sunoco

    6.32 miles

  • Marathon

    6.33 miles

  • Greenhill Store

    6.64 miles

  • Thermal Belt Rail Trail - Pine Street Parking

    5.91 miles

  • Thermal Belt Rail Trail Parking - Forrest Hunt

    6.68 miles

  • Waffle House

    0.05 miles

  • China Wall

    0.06 miles

  • Subway

    0.07 miles

  • Hardee's

    0.08 miles

  • McDonald's

    0.14 miles

  • Granny B's Sub Shoppe Bakery

    0.40 miles

  • Shake Shop

    0.43 miles

  • Sakura Express

    0.50 miles

  • The Coop

    0.74 miles

  • Circle B BBQ

    0.74 miles

  • Food Lion

    0.11 miles

  • Big Lots

    2.41 miles

  • Save-A-Lot

    2.49 miles

  • ICC Book Store

    2.53 miles

  • ICC Cosmotology Lab

    2.55 miles

  • ALDI

    2.99 miles

  • Walmart Supercenter

    3.12 miles

  • Burkes Outlet

    3.23 miles

  • Tri-City Mall

    3.62 miles

  • Mighty Dollar

    3.66 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Robert Michil

Legacy Real Estate Advisors