- 24-Hr store and pharmacy reporting exceptional annual sales with ±13 yrs. remaining on an absolute net lease.
- Walgreens closed the Rite Aid across the street shifting much of that customer base to the subject property.
- Adjacent to Atrium Health Hospital (157-beds) full service hospital.
Walgreens for Sale properties
- Walgreens has 14 years remaining with ten (5-year) options to extend on an absolute net lease.
- Located directly across the street from a CVS making this a strategic corner for Walgreens.
- Atrium Health Hospital is 2.9 mi away with 101 beds and a 24/7 emergency department.
Walgreens
Sauk Rapids, MN
$ 11,415,929
5.65 CAP
- Absolute net lease with ±14 years remaining and strong reported sales.
- Attractive 3.79% below market assumable financing or available free and clear.
- Part of the St. Cloud MSA with over 200,000 residents.
- Just over a mile south of 486-bed St. Cloud Hospital and near St. Cloud State University with 10,000 students.
- Walgreens extended lease to a firm 15-yrs in August 2022 showing commitment to this location.
- Walgreens is reporting strong sales at this store that has a 15-year operating history.
- Virginia Beach has a population of ±1,500,000 and is the most populous city in VA.
- Near ±23.6M SF of retail space and adjacent to 128K SF center anchored by Lion Food who renewed for 10 yrs.
Walgreens for Sale
Torrington, CT
$ 5,799,999
5.50% CAP
- Absolute net lease with ±8.5 years remaining and 10 (5-year) options.
- Only freestanding national brand drugstore within a two-mile radius with limited competition.
- The average household is $90,721 in a 5-mile radius.
- Located on Route 202, the main thoroughfare through Torrington.
- Absolute net lease with 12 years remaining.
- Affluent area with solid incomes of over $110,000 in 1-mile radius.
- Part of the Virginia Beach-Norfolk-Newport News, VA-NC MSA with over 1,800,000 residents.
- South of Naval Station Norfolk with more than 82,000 active duty personnel and 39,000 civilians.
Walgreens
Marietta, GA
$ 5,066,879
6.60 CAP
- Top 10 Atlanta MSA location just 25 miles north of downtown Atlanta.
- Affluent demographic area with household income of over $170,000 in a 3-mile radius.
- Absolute net lease with no landlord responsibilities whatsoever.
- Located on retail corridor across from Walmart Supercenter.
Walgreens for Sale
Rome, GA
$ 5,925,368
5.70 CAP
- Absolute net lease with no landlord responsibilities.
- Midnight store with history of strong sales.
- Directly across from a 304-bed full-service hospital a combined traffic ct. of ±48,500 VPD.
- Less than one mile from Shorter University, a private university with 1,800 students and 380 faculty.
