Walgreens

2465 S New Hope Rd, Gastonia, NC 28054

  • For Sale $2,100,000
  • Property Type Retail - Street Retail
  • Property Size 10,908 SF
  • Lot Size 1.74 Acre
  • Building Class B
  • Year Built 1998
  • Date Updated Feb 12, 2025
Gastonia is the most populous city in and county seat of Gaston County, North Carolina. It is the second-largest satellite city of the Charlotte area, behind Concord. The population was 80,411 in the 2020 census, up from 71,741 in 2010. Gastonia is the 13th-most populous city in North Carolina. It is part of the Charlotte-Concord-Gastonia, NC-SC Metropolitan Statistical Area, which is part of the Charlotte-Concord, NC-SC Combined Statistical Area. The city is a historic center for textile manufacturing and was the site of the Loray Mill Strike of 1929, which became a key event in the labor movement. While manufacturing remains important to the local economy, the city also has well-developed healthcare, education, and government sectors. Other manufacturers in Gastonia include Wix Filtration Corp., Freightliner Trucks, Stabilus, Curtiss-Wright Controls Engineered Systems and Radici Group. Other major employers include the City of Gastonia and Gaston County governments, the Gaston County Schools system, CaroMont Regional Medical Center, and retailers Walmart and Advance Auto Parts, with two and six stores (plus a distribution center) respectively. Charlotte is the most populous city in North Carolina and the county seat of Mecklenburg County. The population was 874,579 at the 2020 census, making Charlotte the 15th-most populous city in the United States, the seventh-most populous city in the South, and the second-most populous city in the Southeast behind Jacksonville, Florida. The city is the cultural, economic, and transportation center of the Charlotte metropolitan area, whose estimated 2023 population of 2,805,115 ranked 22nd in the United States. Charlotte is the second-largest banking center in the United States, after New York City. The second largest financial institution by total assets in the United States, Bank of America, is based in Charlotte. It is also home to the nation's sixth largest financial institution, Truist. Charlotte also has become a large employment center for major banks not headquartered in Charlotte..
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Highlights

  • Double Net Lease Structure: Limited landlord responsibilities, ensuring ease of management
  • Long-Term Commitment: Tenant has maintained operations at this location for over 26 years
  • Prime Location: Strategically positioned at the signalized intersection of S. New Hope Rd (21,500+ VPD) and Redbud Dr (18,000+ VPD), offering excellent accessibility and visibility
  • Recent Capital Improvements: Brand-new roof installed in 2023
  • Strong Demographics: Household income within a 1-mile radius exceeds $77,484, with a population of over 110,000 within a 5-mile radius
  • Superior Property Features: Drive-thru equipped with ample parking, excellent visibility, and prominent frontage and signage along S. New Hope Rd, located near I-89 with over 130,00 vehicles per day
  • Nationally Recognized Tenant: Walgreens operates over 9,200 locations across the U.S. and is a subsidiary of Walgreens Boots Alliance (NASDAQ: WBA)
  • High-Traffic Retail Corridor: Situated directly across from Walmart Neighborhood Market and surrounded by national retailers, including Circle K, Dunkin', Food Lion, Pizza Hut, Sherwin-Williams, and Subway

Contacts

broker

Encore Real Estate Investment Services

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Gastonia, NC
  • Neighborhood Bradford Heights
  • Zip Code 28054
  • Market Charlotte

Points of Interest

  • Speedway

    1.23 miles

  • Marathon

    1.29 miles

  • Sam's Club Gastonia

    1.42 miles

  • Shell

    1.42 miles

  • Citgo

    2.31 miles

  • Exxon

    2.47 miles

  • Fastop

    2.95 miles

  • Southern Star

    2.99 miles

  • QuikTrip

    3.41 miles

  • Linwood Road Access

    8.18 miles

  • Egg Buyers Parking spot

    8.54 miles

  • Constantine's Restaurant

    0.52 miles

  • McDonald's

    1.15 miles

  • Hickory Tavern

    1.20 miles

  • China Restaurant

    1.22 miles

  • Chili's

    1.23 miles

  • Hooters

    1.23 miles

  • Marco's Pizza

    1.24 miles

  • Schlotzsky's

    1.25 miles

  • Krispy Kreme

    1.25 miles

  • Sprouts Cafe

    1.36 miles

  • Walmart Neighborhood Market

    0.14 miles

  • ALDI

    1.14 miles

  • Publix

    1.22 miles

  • Ross

    1.40 miles

  • Walmart Supercenter

    1.43 miles

  • Target

    1.78 miles

  • Food Lion

    1.92 miles

  • Eastridge Mall

    2.08 miles

  • Harris Teeter

    2.60 miles

  • Lidl

    2.75 miles

Frequently Asked Questions

How much does Walgreens cost?

The space currently listed for sale at Walgreens asks for $2,100,000.

What is the total square footage of Walgreens?

Walgreens totals 10,908 square feet.

When was this property built?

Walgreens was built in 1998.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Encore Real Estate Investment Services

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