Map of Property

1170 E Marion Street

For Sale

1170 E Marion St, Shelby, NC 28150

This Shelby property for sale is located at 1170 E Marion St. Contact the listing broker for details on the current sale price for 1170 E Marion Street.

Contacts

broker

David Divine

APG

broker

Colby Mitchell

APG Advisors

broker

Greyson Tavolacci

APG Advisors

Property Details

  • Property Type Retail
  • Additional Rent Contact for pricing
  • Date Updated Nov 4, 2024

Investment Highlights


  • Investment Grade Credit - BBB Standard & Poor Credit Rating
  • Guaranteed by one of the nation's top drugstore chains
  • Location was updated in 2018 to new Walgreens format
  • High Growth Area - The Charlotte MSA ranks among the top MSA’s in US for growth
  • Walgreens vacated property March 2024
  • Rare 10% rent escalation in option terms
  • Strong Location - Subject is located in a commercial trade area adjoining established residential areas
  • Located in Opportunity Zone
  • Low price per square foot rental rate and purchase price
  • Great Real Estate Fundamentals - Signalized Corner with high traffic roads (E Marion St 13,000 AADT and Cherryville Rd: 11,000 AADT)
  • Bordered by 3 streets with 3 ingress/egress points.
  • Strong Demographics - Properties feature Average Incomes well above State Averages ($82,097, AHHI, 1 mile radius)

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Getting around

  • 32/100

    Walk Score ®

  • 24/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Shelby, NC
  • Zip Code 28150
  • Market Charlotte

Points of Interest

  • Citgo SAR Group Shelby

    0.79 miles

  • Ingles Gas Express

    0.86 miles

  • Esha Gas

    0.92 miles

  • Fastop

    1.00 miles

  • Southern Star

    1.35 miles

  • BP

    1.48 miles

  • RaceWay

    2.24 miles

  • Murphy Express

    2.27 miles

  • Bradshaw's Food Mart

    2.72 miles

  • Morgan Street Parking

    0.57 miles

  • Lidl Parking

    0.89 miles

  • Cleveland County Fair Parking

    2.56 miles

  • AMC Entrance Parking

    3.03 miles

  • Cleveland Mall Eastern Parking

    3.13 miles

  • Front Parking Lot

    7.45 miles

  • Back Parking Lot

    7.56 miles

  • El Acapulco

    0.30 miles

  • Lafayette Street Grill & Pub

    0.50 miles

  • Joe's Place Grill & Pub

    0.51 miles

  • DQ Grill & Chill

    0.56 miles

  • Applebee's

    0.64 miles

  • Mi Pueblito

    0.64 miles

  • Jack in the Box

    0.65 miles

  • Little Caesars

    0.65 miles

  • Sonic

    0.66 miles

  • Dunkin'

    0.66 miles

  • ALDI

    0.60 miles

  • Walmart Supercenter

    0.65 miles

  • Walmart Grocery Pickup

    0.67 miles

  • The Shelby Town Plaza

    0.71 miles

  • Shelby Plaza Shopping Center

    0.91 miles

  • Ingles

    0.91 miles

  • Save-A-Lot

    0.94 miles

  • Food Lion

    1.85 miles

  • Burlington

    2.07 miles

  • Bargain Hunt

    2.15 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.

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