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