1116 US 70 Hwy E
Garner, NC 27529
Walgreens | Absolute NNN | 18 Years · Retail Property For Sale

The Walgreens is conveniently located at a signalized intersection, with excellent access and visibility to 32,000 vehicles per day on U.S. Highway 70. The main entrance to Garner Towne Square is directly across from the property. Garner Towne Square is the dominant power center in the Garner submarket and features notable national tenants, including Target, Home Depot, Kroger, PetSmart, OfficeMax, Lane Bryant, and several others. Located in a dense retail corridor, the property is surrounded by large shopping centers and well-known retailers. Major tenants in the area include Walmart Supercenter, Lowe’s, Dollar Tree, McDonald’s, Big Lots, Verizon, GameStop, Sally Beauty Supply, Rainbow, NAPA Auto Parts, Food Lion, and Outback Steakhouse. U.S. Highway 70 provides a direct route to downtown Raleigh, which is located just five miles from the property. The property is also less than a 30-minute drive from Research Triangle Park, one of the largest research parks in the world and the economic engine of the Raleigh metropolitan area. The property benefits from its prime location within the Garner submarket, which has become a major growth area in the Research Triangle region due to its proximity to downtown Raleigh, Research Triangle Park, and Raleigh–Durham International Airport. Between 2000 and 2017, household growth within a three-mile radius of the property was 47.1%. Over 135,000 residents live and nearly 100,000 daytime employees work within a five-mile radius of the property, providing a strong customer base for Walgreens.