Allegacy Financial

Allegacy Financial is a 4,411 SF retail property for sale at 621 Sullivan Road in Statesville, NC 28677. The fully occupied drive-thru branch pairs an established financial-services tenant with a site positioned for customer access and visibility.

Built in 1995 and renovated in 2026, the Property sits on 1.213 acres with 68 parking spaces and a parking ratio of 15.42 per 1000 SF. Monument signage and the drive-thru support the branch’s customer-facing operation. The site also has surface, structured and reserved parking, bicycle racks, and a loading dock or truck court. For an investor, these features give the real estate a clear operational role within Allegacy Financial’s branch network.

In the Statesville submarket, the Property is across from Sherwin-Williams and Piedmont Healthcare Urgent Care, with a Walmart Supercenter and Iredell Memorial Hospital nearby. Access to I-40, I-77 and U.S. 21 connects the branch to routes through the trade area; the traffic count is 138,014 AADT. Downtown Statesville is 1.8 miles away. Those connections and neighboring destinations reinforce the site’s visibility for a tenant serving customers in person.

The asking price is $2,132,000, or $483.34 PSF, with a 6% cap rate and $127,919 NOI. The 10 years of WALT, NNN lease structure and 2% annual rent increases give buyers a defined income schedule; the lease runs through January 31, 2037 and includes two 5-year options. Allegacy Financial reported $2.57 billion in assets across 21 locations as of Q2 2026. Review the Offering Memorandum for the transaction details.