Net Leased Walgreens with
For Sale
Contact for pricing
Pending
425 E Stuart Dr, Galax, VA 24333
Single-tenant Walgreens features a drive-through pharmacy and is positioned on a major east-west corridor in downtown Galax.
Property Size13,000 SF
Days on Market150
Property Features for 425 E Stuart Dr
General Information
Standard status
Pending
Size
13,000 SF
Property subtype
Retail
Lease Type
NNN
Additional Details
Traffic Count
14,000 vehicles/day
Building Details
Year Built
1999
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Apr 11
Changed: Aug 16
Last Checked: Sep 7 at 2:57AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
Exclusively marketed for sale, this single-tenant net leased Walgreens has operated as a pharmacy location since construction in 1999. Walgreens assumed the lease from Rite Aid in 2017, and the current term runs through August 2026. The property includes six remaining 5-year renewal options, each with a 6% increase. The 13,000-square-foot building also features a drive-through pharmacy.
Located near the heart of downtown Galax on East Stuart Drive, the site benefits from its position along a major east-west corridor with approximately 14,000 VPD. The property is directly across from Twin County Regional Hospital, which includes 141 full-service beds, helping support ongoing corridor traffic. Neighboring retailers include Walmart, Lowe’s, Tractor Supply Co, Food City, and Hobby Lobby.
The Walgreens location is part of the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., which operates more than 9,000 retail locations across the U.S., Puerto Rico, and the U.S. Virgin Islands.
Located near the heart of downtown Galax on East Stuart Drive, the site benefits from its position along a major east-west corridor with approximately 14,000 VPD. The property is directly across from Twin County Regional Hospital, which includes 141 full-service beds, helping support ongoing corridor traffic. Neighboring retailers include Walmart, Lowe’s, Tractor Supply Co, Food City, and Hobby Lobby.
The Walgreens location is part of the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., which operates more than 9,000 retail locations across the U.S., Puerto Rico, and the U.S. Virgin Islands.
Key Highlights
- Single‑tenant Walgreens (net leased) with a drive‑through pharmacy
- Walgreens operates the property built in 1999; Walgreens assumed the lease in 2017
- Lease term runs through August 2026 with six 5‑year renewal options and 6% increases each option
Property Analytics
Property Profile
Current Use
Lease Details
14,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
508
Businesses Nearby
71k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 29%
Groceries 12%
Home Improvements & Furnishings 3%
Wendy's
Dining
13,756 visits/mo
0.1 miles
Circle K
Shops & Services
13,405 visits/mo
0.2 miles
Roses Discount Store
Shops & Services
12,121 visits/mo
0.4 miles
Grant's IGA Supermarket
Groceries
8,606 visits/mo
0.4 miles
SUBWAY
Dining
7,083 visits/mo
0.1 miles
Demographics for 24333, VA
17,309
Population
9,029
Households
1.9
Avg Household Size
46
Median Age
16%
College-Educated
83%
High-School Grad
144.9 sq mi
ZIP Area
119
Density / Sq Mi
$47,539
Median Household Income
$34,297
Median Earnings
$713
Median Rent
$135,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- CVS Pharmacy — 100 Meadow St, Galax, VA 24333
- William R. Horton, RPH — 200 Hospital Dr, Galax, VA 24333
- Dustin N. Thomas, PharmD — 425 E Stuart Dr, Galax, VA 24333
- Samuel C. Cox, RPh — 425 E Stuart Dr, Galax, VA 24333
- Walgreens Pharmacy — 510 E Stuart Dr, Galax, VA 24333
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens features a drive-through pharmacy and is positioned on a major east-west corridor in downtown Galax.
Where is this drug store located?
The property is located at 425 E Stuart Dr Galax, VA.
What are key features of this property?
This property features: Single‑tenant Walgreens (net leased) with a drive‑through pharmacy; Walgreens operates the property built in 1999; Walgreens assumed the lease in 2017; Lease term runs through August 2026 with six 5‑year renewal options and 6% increases each option
