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Absolute Net Lease Drug Store
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2416 Randleman Road, Greensboro, NC 27406

Absolute net leased drug store property within a dense retail corridor.

Property Size2,502 SF
Price / SF$719.42
Days on Market68

Property Features for 2416 Randleman Road

General Information

Standard status Active
Size 2,502 SF
Total Parking Spaces 17
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $125,939

Building Details

Year Built 2024
Buildings 1
Tenancy Single
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Ransome Foose · License #NC 280948
Source: Crexi
Added: Jun 30 Changed: Aug 28 Last Checked: Sep 4 at 3:13PM

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 Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

This absolute net lease drug store property is offered for sale. The asset is described as being located within a dense retail corridor, supported by the listing’s emphasis on attractive population density.

The property is positioned to serve ongoing retail demand created by surrounding neighborhood shopping activity. Please note that additional details such as the specific unit configuration, building layout, and lease terms are not provided in the available information.

Key Highlights

  • Year built: 2024
  • Absolute net lease drug store property
  • Located inside a dense retail corridor

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Pharmacy Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

530
Businesses Nearby
152k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 29% Home Improvements & Furnishings 15% Groceries 2%
McDonald's Dining
26,820 visits/mo 0.3 miles
Cook Out Dining
25,808 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
23,458 visits/mo 0.4 miles
BP Shops & Services
14,659 visits/mo 0.5 miles
Wendy's Dining
11,812 visits/mo 0.4 miles

Demographics for 27406, NC

61,597
Population
28,080
Households
2.2
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
69.4 sq mi
ZIP Area
888
Density / Sq Mi
$56,748
Median Household Income
$37,095
Median Earnings
$1,103
Median Rent
$191,800
Median Home Value

Market

Vacancy Rate% for Retail in Greensboro, NC

6% 2020
6.5% 2021
4.6% 2022
4.7% 2023
4.6% 2024
4% 2025
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Similar Off Market Nearby

  • Better Body Nutrition - Herbalife Distributor 2641 Randleman Rd, Greensboro, NC 27406
  • Walgreens Pharmacy 2416 Randleman Rd, Greensboro, NC 27406
  • Walgreens Pharmacy 2403 Randleman Rd, Greensboro, NC 27406
  • Benjamin C. Brown, PharmD 2403 Randleman Rd, Greensboro, NC 27406
  • COVID-19 Drive-Thru Testing at Walgreens 2403 Randleman Rd, Greensboro, NC 27406

Frequently Asked Questions

What type of property is this?
Drug store - Absolute net leased drug store property within a dense retail corridor.
Where is this drug store located?
The property is located at 2416 Randleman Road Greensboro, NC.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Year built: 2024; Absolute net lease drug store property; Located inside a dense retail corridor
More about this property
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