2915 N Center St
Hickory, NC 28601
Walgreens 24 Hour - Hickory, NC · Retail Property For Sale

Marcus & Millichap is pleased to offer the exclusively listed Walgreens located at 2915 North Center Street in Hickory, North Carolina. The 14,560-square foot pharmacy was constructed in 2003 and is situated on 1.67 acres of land. The property is backed by a Walgreens Corporate Guaranteed Lease ("BBB" Credit Rating, S&P). This is a rare opportunity to buy a high-performing 24-hour Walgreens in a growing MSA. Reader’s Digest named the Hickory Metro area as the “10th Best Place to Live and Raise a Family”, and Forbes magazine named the Hickory Metro area as the “3rd Best MSA in the country for Business Costs”. This 24-hour location provides reliable cash flow and a low risk of vacancy because of the strong fundamentals of this Walgreens. Walgreens Boots Alliance, Inc., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. The company sells prescription and non-prescription drugs; and general merchandise, including convenience and fresh foods, household items, personal care, photofinishing and candy, and beauty care. It also provides specialty pharmacy services for managing complex and chronic health conditions; customers infusion therapy services consisting of administration of intravenous medications for cancer treatments, chronic pain, heart failure, and other infections and disorders; and clinical services, such as laboratory monitoring, medication profile review, nutritional assessments, and patient and caregiver education. In addition, the company manages in-store convenient care clinics (Healthcare Clinics). As of August 31, 2016 it operated 7,175 locations in 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The company also managed approximately 400 Healthcare Clinics and provider practice locations. The company was founded in 1901 and is based in Deerfield, Illinois. Hickory is a city located primarily in Catawba County, North Carolina, with parts in adjoining Burke and Caldwell counties. The city's population at the 2010 census was 40,010, with an estimated population in 2015 of 40,374. Hickory is the principal city in the Hickory-Lenoir-Morganton MSA, in which the population at the 2010 census was 365,497 and is included as part of the Charlotte-Concord Combined Statistical Area.