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1703 Freeway Dr
Reidsville, NC 27320

Absolute Net Walgreens · Retail Property For Sale

Investment Highlights

  • Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Credit Rating of Baa2 (Stable) from Moody’s
  • Thriving Bedroom Community with an Average Household Income of $59,877 within Five Miles of the Subject Asset, as of 2022
  • Subject is 20 Miles from Downtown Greensboro with a Population of 300,000
  • Established Retail Area on Reidsville Business 29 Ring Road Nearby National Retailers Include: Walmart, Lowe’s, Food Lion, Bojangles, and Others
  • Robust Traffic Counts on Freeway Drive (17,640 VPD) and Vance Street (8,955 VPD)(Source: LandVision, CoStar, 2022)
  • Parks and Outdoor Recreational Facilities Nearby Include: Lake Reidsville, Lake Townsend, Crooked Tree Golf Course, Bryan Park, and More

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.59 AC
Zoning
HB/RD
Parking
63 Spaces
Frontage
145 FT on Freeway Drive

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
168209
Land Assessment
$814,230
Improvements Assessment
$2,400,639
Total Assessment
$3,214,869
  • Listing ID: 29410623

  • Date on Market: 8/31/2023

  • Last Updated:

  • Address: 1703 Freeway Dr, Reidsville, NC 27320

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