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Walgreens | Jamestown, NC (W Main St.) 407 W Main St 9,762 SF Retail Building Jamestown, NC 27282 $5,335,011 CAD ($546.51 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare 5% Rental Increases Every 5 Years - Corporate Tenant
- Limited Competition - Only Drug Store Within 4 Mile Radius
- Recent Lease Extension - Nine (9.1) Years Remaining
- Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Drive Thru Location - 122K Residents Within 5 Miles
- Reports Healthy Total Store Sales - Contact Broker for Details
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- -
- Triple Net
- -
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | - | Triple Net | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0160270 | Improvements Assessment | $1,862,191 CAD |
| Land Assessment | $539,219 CAD | Total Assessment | $2,401,410 CAD |
PROPERTY TAXES
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Walgreens | Jamestown, NC (W Main St.) | 407 W Main St
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