Map of Property

Walgreens

121 Railroad Avenue, Rutherfordton, NC 28139

  • For Sale $1,750,000
  • 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 Jul 1, 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

Contacts

broker

Robert Michil

Legacy Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent

  • Bike Score ®

    47/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does Walgreens cost?

The space currently listed for sale at Walgreens asks for $1,750,000.

What is the total square footage of Walgreens?

Walgreens totals 11,200 square feet.

When was this property built?

Walgreens was built in 2000.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Robert Michil

Legacy Real Estate Advisors