2019 N Main St | High Point, NC 27262
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- LoopNet Team
2019 N Main St
High Point, NC 27262
Walgreens Abs Net 6% 24 Hr Strong Sales · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Income guaranteed by Walgreens parent corporate (S&P BBB-) investment grade Fortune 500 Company with over 9,200 locations.
- 24 HR STORE & PHARMACY - This store and its drive-thru pharmacy are both open 24 hours which speaks to the strength of the location.
- HIGH POINT MEDICAL CENTER 1.8 MI S - High Point Medical Center is a 351-bed hospital and employs more than 2,600 doctors and medical staff.
- EXCEPTIONAL SALES VOLUMES & 19 YRS OPERATING HISTORY – Exceptional sales volumes trending upwards, 19 years of operating history.
- ABSOLUTE NET LEASE WITH ZERO LANDLORD RESPONSIBILITIES - Approximately 6 yrs remaining with 10 (5-year) options to extend.
- LOCATED ON BUSY CORNER WITH ±51,000 VPD - Located at SWC of N. Main St. and Westchester Dr. with combined traffic of ±51,000 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,426 SF
Building Class
B
Year Built
2002
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.85 AC
Zoning
GB
Parking
76 Spaces (5.27 Spaces per 1,000 SF Leased)
Frontage
234 FT on N Main St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 0188708 | Improvements Assessment | $2,978,800 |
| Land Assessment | $2,415,500 | Total Assessment | $5,394,300 |
PROPERTY TAXES
Parcel Number
0188708
Land Assessment
$2,415,500
Improvements Assessment
$2,978,800
Total Assessment
$5,394,300
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