Walgreens Drug Store with
For Sale
Contact for pricing
Pending
2019 N Main St, High Point, NC 27262
Absolute NNN lease with six years remaining, ten five-year options, and no landlord responsibilities.
Property SizeContact for details
Days on Market141
Property Features for 2019 N Main St
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:37PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pharma Property Group
Investment Insights
Based on property information with market context.
This Walgreens drug store occupies a 24-hour operation with a drive-through pharmacy and beer and wine sales. The absolute NNN lease has 6 years remaining, includes ten 5-year options, and places no landlord responsibilities on the owner. The store has 19 years of operating history and is reporting upward-trending annual sales.
The property is positioned at the southwest signalized corner of North Main Street and Westchester Drive in High Point, North Carolina. Traffic counts are approximately 27,000 vehicles per day on North Main Street and 24,000 on Westchester Drive. It is an outparcel to Publix, with Home Depot, Walmart, Lowe’s, Hobby Lobby, Ross, and TJ Max within ½ mile. High Point Medical Center is 1.8 miles south, and Interstate 74 is approximately 2 miles northeast.
The property is positioned at the southwest signalized corner of North Main Street and Westchester Drive in High Point, North Carolina. Traffic counts are approximately 27,000 vehicles per day on North Main Street and 24,000 on Westchester Drive. It is an outparcel to Publix, with Home Depot, Walmart, Lowe’s, Hobby Lobby, Ross, and TJ Max within ½ mile. High Point Medical Center is 1.8 miles south, and Interstate 74 is approximately 2 miles northeast.
Key Highlights
- Absolute NNN lease with 6 years remaining and ten (5‑year) options
- 24‑hour Walgreens store with drive‑through pharmacy
- 6.00 CAP and 19 years of operating history
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
944
Businesses Nearby
595k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Apparel 18%
Groceries 14%
Shops & Services 13%
T.J. Maxx
Apparel
50,254 visits/mo
0.4 miles
Publix
Groceries
44,687 visits/mo
Harris Teeter
Groceries
40,843 visits/mo
0.4 miles
The Home Depot
Home Improvements & Furnishings
36,646 visits/mo
0.3 miles
PetSmart
Shops & Services
34,898 visits/mo
0.4 miles
Demographics for 27262, NC
25,253
Population
10,246
Households
2.5
Avg Household Size
37
Median Age
37%
College-Educated
86%
High-School Grad
13.2 sq mi
ZIP Area
1,913
Density / Sq Mi
$64,395
Median Household Income
$34,113
Median Earnings
$1,054
Median Rent
$212,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN lease with six years remaining, ten five-year options, and no landlord responsibilities.
Where is this drug store located?
The property is located at 2019 N Main St High Point, NC.
What are key features of this property?
This property features: Absolute NNN lease with 6 years remaining and ten (5‑year) options; 24‑hour Walgreens store with drive‑through pharmacy; 6.00 CAP and 19 years of operating history
