INVESTMENT HIGHLIGHTS

Premier Shopping Center Location

• The property is ideally located within the highly trafficked Harris Teeter-anchored Village at Robinhood, offering strong daily draw from a high-income customer base. This dominant neighborhood center is a key retail hub for the surrounding residential communities.

Strategic Positioning in a Growing Retail Corridor

• Positioned directly across from the newly constructed Publix-anchored West Edge development and luxury Sutton Apartments, the site sits at the core of Winston-Salem’s most active suburban development hotspot. These additions continue to increase foot traffic and support long-term retail demand in the immediate area.

Absolute NNN Lease

• Walgreens operates under an absolute NNN lease, offering a passive, management-free investment with zero landlord responsibilities. The lease is corporately guaranteed by Walgreens with approximately 8,400 locations nationwide. The company was recently acquired by Sycamore Partners for ±$10 billion.

Strong Local Demographics

• The surrounding submarket is among the most desirable in Winston-Salem, with over 100,000 residents within a 5-mile radius and average household incomes exceeding $100,000 in nearby neighborhoods. The location benefits from a strong residential base and continued housing expansion.

Complementary Retail & Residential Synergy

• The site is surrounded by established and incoming demand drivers—including grocery, QSR, medical office, and high-end residential. Walgreens’ proximity to these complementary uses reinforces daily needs traffic and builds lasting consumer demand.

Thriving Area

• Situated along Meadowlark Drive, a primary north-south artery in west Winston-Salem, the property offers both high visibility and accessibility to a wide customer base. Nearby schools,
  parks, and country clubs (like Bermuda Run and Brookberry Farm) help reinforce Walgreens’ position within a stable, service-oriented retail pocket.

Strong Real Estate Fundamentals

• The building sits on a highly usable ±1.59-acre parcel with drive-thru access and a highly functional layout, presenting long-term flexibility for future users. Whether held for income or future redevelopment, the real estate fundamentals are strong.