Walgreens

• Absolute NNN Lease – True passive investment with zero landlord responsibilities for maintenance, repairs, or capital expenditures.
• Corporate Guarantee – Lease backed by the tenant’s parent company, providing enhanced credit security and reduced default risk.
• Signalized Hard Corner Location – Highly visible position at a major signalized intersection with strong traffic counts and excellent accessibility
• Top-Tier National Performance – Ranked in the top 13% of consumer pharmacy and drug store locations nationwide (per AlphaMap), reflecting exceptional customer traffic and operational strength.
• Strong Store Sales – Generates approximately $3.74 million in annual gross sales, demonstrating solid tenant performance and long-term viability
• Rare 24-Hour Walgreens – Features both a 24-hour store and pharmacy, a designation typically reserved for Walgreens’ highest-volume and most strategic locations.
• Strong Real Estate Fundamentals – Equipped with a pharmacy drive-thru and 51 parking spaces to support customer convenience and traffic flow.
• Established Retail Corridor – Located among major national retailers including Food Lion, Planet Fitness, Starbucks, 7-Eleven, and Jersey Mike’s, driving consistent daily consumer traffic.
• Proven Operating History – Walgreens has successfully operated at this location since 2009, underscoring the site’s profitability, stability, and loyal customer base.
• Near Regional Medical Hub – Just 1.3 miles from The Moses H. Cone Memorial Hospital, generating consistent prescription demand from patients, staff, and visitors.
• Dense Residential Demographics – Serves Greensboro’s established neighborhoods, including Old Irving Park and Kirkwood, with additional demand generated by nearby schools and family-oriented households.