Pharma Property Group Facilitates Sale of St. Louis Walgreens

Pharma Property Group (PPG) is pleased to announce the successful sale of a Walgreens property located in Affton, Missouri, within the St. Louis MSA. The asset featured a 4.5-year absolute net lease and was sold through a targeted marketing campaign to a private, local investor.

“This transaction reflects our team’s continued ability to deliver results in such a unique time in the market,” said Chris Barry, Partner at Pharma Property Group. “Leveraging our exclusive focus and relationships within the drugstore sector, we were able to connect the right buyer and seller and facilitate closing.”

PPG’s specialization in single-tenant drugstore assets remains a critical differentiator for its clients. “Our national platform and database of active drugstore owners and investors gives our team a distinctive edge in sourcing buyers with strong interest in Walgreens and CVS properties,” Mr. Barry added. With the drugstore industry undergoing significant transformation, PPG continues to lead the market by delivering advisory and transaction services tailored to the needs of both private and institutional investors.

Pharma Property Group (PPG) is a premier commercial real estate firm specializing exclusively in properties leased to national drugstore chains, including Walgreens, CVS, and Rite Aid. With a proven track record of success, evidenced by over $2.5 billion in closed transactions and over $5 billion in drugstores underwritten, PPG offers landlords unparalleled market intelligence and access to the industry’s most extensive network of drugstore property owners. Our unique and comprehensive marketing platform ensures access to the largest pool of drugstore buyers and sellers in the nation.

Jason Pongsrikul, Managing Principal

Pharma Property Group
1979 Chicago Street
San Diego, CA 92110
www.pharmapropertygroup.com
Office: (858) 860-6591