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1485 River Ridge Dr
Clemmons, NC 27012

$2,677,211 USD

Drugstore For Sale  •  14,553 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,553 SF
  • Lot Size 1.68 AC
  • Building Class B
  • Year Built 2002
  • Tenancy Multiple
  • Zoning HB-S
0 Transit Score
45 Walk Score

Highlights

Absolute Net Lease: Zero Landlord Responsibilities
Corporate-Backed Lease: Guaranteed by Walgreens Co.
Strong Income Growth: 10% Rental Escalations During Option Periods
Prime Property: 14,547 SF Freestanding Building with Drive-Thru on 1.68 Acres
Affluent Demographics: Average Household Income of $94,586 within a 1-Mile Radius
Strategic Location: Shadow Anchored by a Food Lion Shopping Center, Near US Route 421 (41,736 VPD)

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Piedmont Triad International 43 min - 29.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 46
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services