- 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
Reach out to the broker for more info on lease terms and amenities
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
False
Contacts
Location
Getting Around
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Walk Score ®
49/100 Car-Dependent
-
Bike Score ®
29/100 Somewhat Bikeable
- City Gastonia, NC
- Neighborhood Bradford Heights
- Zip Code 28054
- Market Charlotte
Points of Interest
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Speedway
1.23 miles
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Marathon
1.29 miles
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Sam's Club Gastonia
1.42 miles
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Shell
1.42 miles
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Citgo
2.31 miles
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Exxon
2.47 miles
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Fastop
2.95 miles
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Southern Star
2.99 miles
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QuikTrip
3.41 miles
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Linwood Road Access
8.18 miles
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Egg Buyers Parking spot
8.54 miles
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Constantine's Restaurant
0.52 miles
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McDonald's
1.15 miles
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Hickory Tavern
1.20 miles
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China Restaurant
1.22 miles
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Chili's
1.23 miles
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Hooters
1.23 miles
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Marco's Pizza
1.24 miles
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Schlotzsky's
1.25 miles
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Krispy Kreme
1.25 miles
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Sprouts Cafe
1.36 miles
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Walmart Neighborhood Market
0.14 miles
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ALDI
1.14 miles
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Publix
1.22 miles
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Ross
1.40 miles
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Walmart Supercenter
1.43 miles
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Target
1.78 miles
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Food Lion
1.92 miles
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Eastridge Mall
2.08 miles
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Harris Teeter
2.60 miles
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Lidl
2.75 miles
Frequently Asked Questions
The space currently listed for sale at Walgreens asks for $2,100,000.
Walgreens totals 10,908 square feet.
Walgreens was built in 1998.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
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Encore Real Estate Investment Services