5005 Mackay Rd
Jamestown, NC 27282
Walgreens | Jamestown, NC · Retail Property For Sale

The lease structure is triple net (NNN), with zero landlord responsibilities. Tenant is responsible for maintaining, repairing, and replacing all aspects of the property, as well as all required insurances, taxes, and utilities. There are thirteen (13.0) years remaining on the lease term. The lease is corporately guaranteed by Walgreen Co., a global pharmacy retailer with more than 9,277 locations. This pharmacy was built in 2013, and features Walgreens’ newest store prototype. There are 126,366 residents located in the five (5) mile demographic ring, and this area is projected to experience annual growth of 1.00% over the next five (5) years. The average household income in the three (3) mile demographic ring is an affluent $85,406. The property is situated on the hard-signalized corner of Mackay Rd. & W Gate City Blvd., which report combined traffic counts of 24,000 cars per day. Walgreens is situated in a freeway-adjacent location and is in close proximity to I-73 & I-85, which report combined traffic counts of 161,000 cars per day. Walgreens is surrounded by several popular retailers including Harris Teeter, Fresenius Kidney Care, McDonald’s, Dollar Tree, Wendy’s and Subway, among others. Jamestown, NC is a suburb of Greensboro, NC and located within Guilford County, which is the most populous county of the Piedmont Triad region. Piedmont Triad International Airport (PTI) is located just 12 miles (16 minutes) from the subject property and flies nearly 1 million passengers annually.