Walgreens Absolute NNN

Walgreens | Carthage, NC


Sands Investment Group is Pleased to Exclusively Offer For Sale the 11,368 SF Walgreens Absolute NNN Asset Located at 1006 Monroe Street in Carthage, NC. This Property is Under an Absolute NNN Lease, Ensuring Zero Landlord Responsibilities For Investors; Walgreens Covers All Expenses, Including Taxes, Insurance, and Maintenance, Making This a True Passive Income Opportunity While Providing For a Secured Investment.

Corporate-Backed Walgreens | Absolute NNN Lease | Essential Retail Investment

  • Strong Sales Performance: Reported $8.89 million in annual sales, with a 2.36% rent-to-sales ratio, well below industry averages. Sales have grown 3.66% annually since 2017, demonstrating long-term success and stability.
  • Recent 10-Year Lease Extension: Walgreens has shown commitment to this location with a 10-year lease extension, reflecting strong confidence in the site’s continued performance.
  • Below Market Rent | Low Price Per SF: Walgreens is operating at a below-average rent, making this a low-rent, high-sales location with strong tenant profitability.
  • Rare Rental Increases: The lease features rental increases of 5% in each option period, providing rent growth as opposed to a large portion of Walgreens leases that have flat rent structures.

Strategic Carthage, NC Location | Growing Market & Strong Demographics

  • Limited Competition: This is the only national drugstore within a 10-mile radius, ensuring a dominant market position and reliable customer traffic.
  • Strategic Positioning & Retail Synergy:
  • Surrounded by national retailers such as Food Lion, McDonald’s, Dollar General, AutoZone, Hardee’s, Burger King, Bojangles, Sheetz and Subway, creating a strong consumer draw.
  • Located along Monroe St (15,000+ VPD) with excellent visibility and accessibility.
  • Growing Market & Strong Demographics:
  • Population of 45,000+ residents within 10 miles, with above-average income levels exceeding $100,000.
  • North Carolina is one of the fastest-growing states, fueling continued retail expansion

In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 BoR: Chris Sands – Lic. NC #300021

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Urgent Care Net Lease

QuickVisit Urgent Care | Carthage, TX6


Sands Investment Group is Pleased to Present Exclusively For Sale the 3,000 SF QuickVisit Urgent Care Net Lease Investment Opportunity Located at 1301 West Panola Street in Carthage, Texas. This Deal Includes a New Long Term 12 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities, Providing For a Secure Investment.

  • Long Term 12 Year Triple Net (NNN) Lease With Minimal Landlord Responsibilities
  • 1.25% Annual Rental Increases With Three 5-Year Option Periods
  • Corporate Guarantee From QuickVisit Management, LLC
  • Long Term 15-Year Roof Warranty
  • Average Household Income of $62,060 Within a 5-Mile Radius
  • Medical Essential Business; Open and Operating Throughout Pandemic
  • QuickVisit Urgent Care Provides Accessible, Affordable Healthcare For All Ages; They Offer a Broad Range of Services Such as Onsite X-Rays, Health Management, Cold and Flu Treatment, Sutures and Much More
  • Rapidly Expanding With Multiple Clinics That Are Located Throughout Texas and Iowa
  • Texas is an Income Tax Free State
  • *”As the 9th Largest Economy Among the Nations of the World and Home to 50 Fortune 500 Headquarters, Texas Offers a Business-Friendly Climate—With No Corporate Income Tax and No Personal Income Tax—Along With a Highly Skilled Workforce, Easy Access to Global Markets, Robust Infrastructure and Predictable Regulations”
  • The City of Carthage is Known as the Gas Capital of the U.S. and the Friendliest Spot in the World; Carthage Has it All – Temperate Weather, Lots of Jobs, a Low Tax Base, Good Schools and Churches and the World-Famous Texas Country Music Hall of Fame
  • Neighboring Tenants Include: CVS Pharmacy, AutoZone, O’Reilly Auto Parts, Ace Hardware, Family Dollar, Goodwill Store, Title Max Loans, Hibbett Sports, Longhorn Grill, McDonald’s, Pizza Hut, Taco Bell and Many More

In Cooperation With Sands Investment Group Austin, LLC – Lic. # 9004706
BoR: Max Freedman – Lic. # 644481

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Fast Pace Urgent Care | Carthage, MS


Sands Investment Group is pleased to present this Fast Pace Urgent Care NNN Lease located in Carthage, Mississippi.

  • 10 New Construction Fast Pace Urgent Care Clinics for Sale Individually or as a Portfolio
  • Corporate Guarantee from FP Urgent Care, LLC
  • Fast Pace Urgent Care Currently Operates Over 90 Clinics Across 3 States
  • Parent Company, Revelstoke, Recently Completed 23 Fast Pace Acquisitions Representing More Than $1.2 Billion of Total Enterprise Value
  • Ideal 1031 Exchange Opportunity
  • Long-Term Leases in Place with 12 Years Remaining
  • 1.25% Annual Increases
  • Philadelphia, Waynesboro and Magee Locations are an Absolute Triple Net (NNN) Lease Investment with Little to No Landlord Responsibilities – All Other Locations are Triple Net Leases with Landlord Responsible for Roof/Structure and Parking Lot (Structural Only)
  • Stable Regional Tenant Undergoing Rapid Growth
  • Most Clinics Are Located Along Regional Arterials with Fast Food and Other Surrounding Retail as Neighboring Tenants
  • Urgent Care is a $16 Billion Industry with 3.5% Annual Growth. Approximately 9,300 Clinics In Operation in the U.S as of Nov. 2015 Employing Approximately 73,000 Healthcare Professionals*

In Cooperation with JDS Real Estate Investment Services, Inc.

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Valero | Carthage, TX

 

  • Lease Guarantor with Over 40 Locations in Multiple States
  • Absolute NNN Lease – Zero Landlord Responsibilities
  • Potential for Additional Income Through Percentage Rent
  • Property is Located in Texas Income Tax Free State
  • Strong Demographics with a Population of 10,565 Within a 5-Mile Radius
  • Existing Sublease with Pizza Hut

In Cooperation with Sands Investment Group Austin, LLC

BoR: Max Freedman – Lic # 9004706