CVS

440 E Dixie Dr, Asheboro, NC 27203

Property Information

  • For Sale $2,890,000
  • Property Type Retail - Freestanding
  • Property Size 10,881 SF
  • Lot Size 1.51 Acre
  • Property Tenancy Single Tenant
  • Year Built 2004
  • Date Updated May 19, 2026

Description

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Highlights

  • Absolute "NNN" Net Lease - Zero Landlord Responsibilities
  • Attractive Rare Low Price Point CVS On Hard Corner
  • Corporate CVS Guaranty w/ Over 14 Years of Firm Lease Term Remaining
  • CVS Health Inc. Investment Grade Credit - S&P Rate: BBB | Publicly Traded NYSE: CVS
  • CVS Recently Executed 20 Year Lease Extension w/ (10) Five Year Option Periods
  • In 2021, CVS Health Was Ranked 4th on The Fortune 500 List & Over 9,900 Locations
  • Long Term Occupancy - CVS Has Occupied Location Since 2004
  • Massive Rent Increase | Rare 61.95% Rental Increase In First Option Period
  • Prototype CVS Building w/ Drive-Thru Located At Hard Signalized Intersection

Contacts

Dante Hargis

Encore Real Estate Investment Services

Location

Contact Listing Broker
Dante Hargis

Encore Real Estate Investment Services

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