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407 W Main St
Jamestown, NC 27282 Jamestown/High Point

$3,834,000 USD

Drugstore For Sale  •  9,762 SF

Property Details

• Property Type Drugstore
• Total Building Size 9,762 SF
• Lot Size 1.12 AC
• Building Class B
• Year Built 2004
• Cap Rate 6.50 %
• Tenancy Single
• Zoning GB

0 Transit Score

43 Walk Score

Highlights

Rare 5% Rental Increases Every 5 Years - Corporate Tenant

Triple Net (NNN) Lease - Zero Landlord Responsibilities

Limited Competition - Only Drug Store Within 4 Mile Radius

Drive Thru Location - 122K Residents Within 5 Miles

Recent Lease Extension - Nine (9.1) Years Remaining

Reports Healthy Total Store Sales - Contact Broker for Details

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens

Amenities

• Pylon Sign
• Drive Thru

Public Transportation

Commuter Rail	Drive	Walk	Distance
High Point Station (Piedmont - North Carolina by Train (NC Train))	10 min	-	5.5 mi
Airport	Drive	Walk	Distance
Piedmont Triad International	22 min	-	10.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	45
Type:	Surface
Included in Rent:	Yes