402 S Main St | Rolesville, NC 27571
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- LoopNet Team
402 S Main St
Rolesville, NC 27571
CVS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- CVS/pharmacy at the Four-Way Signalized Intersection of S Main Steet and Rogers Road (+/- 25,000 Vehicles Per Day)
- Explosive Historical Growth (150% from 2010 to 2020) with Robust 12% Growth Projected Between 2023 and 2028
- Long Term NNN Lease Featuring Over 12 Years of Term Providing Maximum Security
- Rolesville, NC was the Fastest Growing Town in the State Per 2020 Census Data; Currently Has 2,400+ Dwelling Units Under Construction
- Strong Surrounding Retail Synergies with Publix, 7-Eleven, and Bojangles Currently Under Construction
- Corporate Guarantee from CVS, the 6th Ranked Company on the Fortune 500 w/ an S&P Credit Rating of BBB
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,824 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.74 AC
Zoning
Special Use Commercial - Special Use Commercial
Parking
71 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
148’ on Rogers Rd
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 1758.08-89-2738-000 | Improvements Assessment | $4,606,600 |
| Land Assessment | $921,276 | Total Assessment | $5,527,876 |
PROPERTY TAXES
Parcel Number
1758.08-89-2738-000
Land Assessment
$921,276
Improvements Assessment
$4,606,600
Total Assessment
$5,527,876
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