- Two miles from Fisher Titus Medical Center, a 99-bed hospital with 700 medical staff.
- Only Walgreens serving immediate region, next closest Walgreens is 24 miles away.
- NASA'S Neil Armstrong Test Facility, 6,400 acre area with highly skilled workforce (9 miles north).
- One half mile to Huron County offices, approximately 400 county staff work in the county offices.
- Manufacturing companies in the region, almost 7,000 residents in the city are employed in the manufacturing sector.
Walgreens for Sale properties
- Dense Retail & Manufacturing Corridor, 16.2 Million SF of Industrial/Manufacturing Space and 2.4 Million SF of Retail in a 2 Mile Radius
- Furniture Industry/Hosts High Point Market. Largest Furniture Trade Show in the World, Occurs Twice a Year and Draws 140K-180K Visitors Annually
- Thomas Built Bus Headquarters, Leading Manufacturer of School Buses in North America with 1,700 employees (0.7 Mi W)
- High Point University, Located on 430 Acres, Enrolls ±6,000 Students and Employs ±1,600 Staff (3.5 Mi N)
- Wake Forest Baptist Health High Point Medical Center Full Service Hospital Serving ±600,000 Residents, with 351 Beds and 2,100 Employees (4.0 Mi NW)
- Ralph Lauren Call Center & Warehouse Customer Service Center 843,000 SF Facility Employing 2,687 (5.1 Mi NE)
- 15 Year Lease Extension in 2020 Walgreens extended the lease an additional 15 years in 2020 showing commitment to this location
- Exceptionally High Reported Sales Volumes Walgreens is reporting exceptionally high sales volumes at this store
- Target Office Campus & Distribution Nearby Target office campus employs 5,200 in a 330 acre campus and nearby 1,000,000 square foot distribution center
- Affluent Demographic Area Median household income of $96,000 in a 1 mile radius
- 5.7 Million SF of Industrial Space in 5 Mile Radius Several large employers in the area including Medtronic (11,000 employees) and United Health Group (18,000+ employees)
- Attractive assumable financing for a buyer to receive a 8.46% cash on cash return. Interest only financing with 4.84% currently in-place.
- Located at merge of freeways I-69 and I-2. Both interstates have a combined traffic count of over 150,000 vehicles per day.
- Surrounded by national retail tenants, ±3.2 million square feet of retail space within 1 mile radius including Valley Vista Mall (651,000 SF) and Bass Pro Shop (150,000 SF).
- Strong cross-border economy with the Free Trade Bridge 13 miles away, a full US Customs facility accommodating 75 commercial trucks simultaneously.
- Strong reported sales volumes.
- Limited Competition, Only Walgreens in Talladega, Alabama with the Next Store 15 Miles Away
- One Half Mile to Citizens Baptist Medical Center, 122-Bed Hospital with Over $60 Million Economic Impact on the Community
- Alabama Institute for the Deaf and Blind Located one half mile away and serves over 36,000 K-12 Students and Employs ±1,020 People Throughout the State
- Talladega Speedway Tourism Draw, 175,000 Spectator Capacity Track with Economic Impact of $420M and Adds ±7,955 Jobs in the Region (14 Miles N)
- 4.9 Million SF Honda Lincoln Assembly Plant, $2 Billion Plant with 4,500 Employees on over 1,350 Acres (16 Miles N)
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- 16+ year operating history.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- Adjacent to Mosquito Lake State Park with 3,000,000 visitors annually.
- Large trade radius with limited competition, no other Walgreens, CVS or Rite Aid besides the immediate corner for 5 miles.
- Near Lakeview High School and Middle/Elementary Schools, ±2000 combined students and faculty.
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- Only Walgreens in a ±4 mile radius.
- Across from Kroger anchored center, next closest major grocery store is ±6 miles away.
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- 17+ year operating history.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- Growing Ohio industrial/manufacturing hub with 69 Acre Lee Industrial Park nearby.
- 1.8 miles from recently developed Elwood Aluminum $72M manufacturing plant (150,000 SF).
Walgreens
Rare Tax Free State Drugstore Offering
$ 1,377,600
5.00 CAP
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- Rare tax free state drugstore offering.
- 15+ year operating history.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- 5 national brand hotels with a total of 435 hotel rooms within a 1 mile radius.
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- 15+ year operating history.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- Walgreens LabCorp site , one of only 600 locations nationwide.
- Adjacent to Jacksonville State University's 459 acre campus with ±9,633 students and ±534 staff.
- Jacksonville population has almost doubled since 2000 due to continued growth and development of JSU.
- Located on Highway 21, the main thoroughfare to Jacksonville State University (VPD 30,000).
