WAG #11396 - Charlotte, NC

The Walgreens at 2200 W Sugar Creek Rd is a well-positioned neighborhood pharmacy located at a signalized intersection along West Sugar Creek Road, a primary East West arterial serving north Charlotte and the Derita submarket. The store offers strong visibility, convenient ingress/egress, and drive-thru pharmacy service, serving a dense surrounding residential base with daily commuter traffic. Surrounded by established neighborhoods and supported by essential-use retail demand, this Walgreens functions as a recession-resilient community anchor in a stable Charlotte trade area, making it a compelling long-term single-tenant net-lease investment. West Sugar Creek Road carries approximately 20,000+ vehicles per day, providing consistent exposure and repeat customer traffic. The property benefits from proximity to a strong lineup of national retailers, including Walmart Supercenter, grocery-anchored shopping centers, dollar stores, and quick-service restaurants that collectively establish the corridor as a core retail and service destination.This Lease features an absolute net structure, with zero landlord responsibilities. Over 9 years remains on the primary term, backed by a full Walgreens corporate guaranty. Charlotte is the largest metro area in the Carolinas and remains one of the fastest growing major cities in America. It's also won numerous awards for quality of life, job opportunities and tech growth. The combination of real estate intrinsics, a passive, no hassle Lease structure and Charlotte metro location make this an ideal asset for acquisition, whether for a 1031 exchange or simply as a coupon clipper.