- Absolute net lease with zero landlord responsibilities and history of solid sales.
- ±7.5 million square feet of retail space and ±5.2 million square feet of office space in a 3-mile radius.
- High traffic intersection with ±92,000 vehicles per day and over 200,000 residents in a 5-mile radius.
- Chesapeake Regional Medical Center hospital is located ±2 miles south with 310 beds and ±3,000 employees.
Walgreens for Sale properties
Walgreens
Bellflower CA
$ 6,300,000
6.00 CAP
- Strong sales with absolute net lease guaranteed by Walgreens with 20-year operating history.
- Busy infill Los Angeles County location on intersection with ±47,336 VPD just blocks from I-605 with ±303,000 VPD and ±679,000 residents in a 5-mile radius.
- Adjacent to Bellflower Middle/High School with ±2,300 students, ±150 staff and one mile from Cerritos College with ±21,000 students enrolled and ±3,500 employees.
Walgreens
Crawfordsville, IN
$ 5,769,230
6.5 CAP
- Absolute net lease with 6.75 years of term remaining, 10 (5-year) options and no landlord responsibilities. Walgreens is reporting a history of solid store sales at this location.
- Existing CMBS non-recourse financing is assumable, debt matures 10/6/26, current balance is $4,200,000 at 4.53% rate.
- CVS is located directly across the street making this a strategic corner for both Walgreens and CVS. No Other Walgreens for 22 Miles.
- Located in the heart of Crawfordsville at the main intersecting roads in the city, North Washington St. and W. Market St. Subject property is approximately two miles south of two medical facilities.
Walgreens
Austin, TX
- Austin-Round Rock MSA location with a population of over 2 million residents.
- High barrier to entry for development along Highway 620.
- Affluent demographics with household income over $125,000 in a 1-mile radius.
Walgreens for Sale
New Orleans, LA
$ 8,252,427
5.15 CAP
- 19+ years of primary term remaining.
- Within 2 miles of the subject property is Tulane University, Caesar Superdome, Smoothie King Center, New Orleans Business District, French Quarter and Freret Street.
- Ochsner Baptist Medical Center & Hospital within one block.
- Sales volume is above the national average.
Walgreens for Sale
Salt Lake City, UT
$ 7,669,902
5.15 CAP
- New 15 year absolute net lease term.
- Salt Lake City has a population of ±1,200,000 and is the most populous city in UT.
- Near busy signalized corner with ±36,000 vehicles per day.
- No other drugstore within a 3-mile radius of subject property
- Philadelphia MSA location with over 6,100,000 residents and 20 miles SE of downtown Philadelphia.
- East of The Shoppes at Cross keys shopping mall on main thoroughfare of retail corridor.
- Walgreens signed a new lease extension showing commitment to this location.
