The Boulder Group, a net leased investment brokerage firm completed the sale of a single tenant net leased Walgreens located at 219 Rodney Orr Bypass in Robbinsville, North Carolina for $2,875,000.<\/p>\n
The 9,665-square-foot building is strategically located along Rodney Orr Bypass, the primary thoroughfare in Robbinsville, which sees over 10,000 vehicles per day. The property is surrounded by major retailers, including Ace Hardware, McDonald\u2019s, Wendy\u2019s, Carquest, and Dollar General, all of which generate consistent traffic to the area. Additionally, the site benefits from its proximity to the \u201cTail of the Dragon,\u201d a popular tourist destination that attracts 300,000 visitors annually. The property is also within walking distance of Robbinsville High School.<\/p>\n
Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction. The seller is a Northeast based investment fund, and the buyer was a private investor local to the property.<\/p>\n
Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America\u2019s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,600 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day.<\/p>\n
\u201cThis location benefits from limited competition, the nearest national pharmacy is 30 miles away.\u201d said Randy Blankstein, President of The Boulder Group.\u00a0 Jimmy Goodman of The Boulder Group, added, \u201cThe successful operating history at this location inspired buyer confidence.\u00a0 We continue to sell Walgreen\u2019s properties despite the corporate level changes.\u201d<\/p>\n