1703 Freeway Dr | Reidsville, NC 27320
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1703 Freeway Dr
Reidsville, NC 27320
Absolute Net Walgreens · Retail Property For Sale
Investment Highlights
- Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Credit Rating of Baa2 (Stable) from Moody’s
- Thriving Bedroom Community with an Average Household Income of $59,877 within Five Miles of the Subject Asset, as of 2022
- Subject is 20 Miles from Downtown Greensboro with a Population of 300,000
- Established Retail Area on Reidsville Business 29 Ring Road Nearby National Retailers Include: Walmart, Lowe’s, Food Lion, Bojangles, and Others
- Robust Traffic Counts on Freeway Drive (17,640 VPD) and Vance Street (8,955 VPD)(Source: LandVision, CoStar, 2022)
- Parks and Outdoor Recreational Facilities Nearby Include: Lake Reidsville, Lake Townsend, Crooked Tree Golf Course, Bryan Park, and More
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.59 AC
Zoning
HB/RD
Parking
63 Spaces
Frontage
145 ft on Freeway Drive
PROPERTY TAXES
| Parcel Number | 168209 | Improvements Assessment | $3,416,685 |
| Land Assessment | $1,158,845 | Total Assessment | $4,575,530 |
PROPERTY TAXES
Parcel Number
168209
Land Assessment
$1,158,845
Improvements Assessment
$3,416,685
Total Assessment
$4,575,530
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