- Located less than half a mile from the Kalamazoo Event Center, a $300 million project expected to break ground in November of 2024.
- Close proximity to WMU which consists of 22,500 students and employs 803 faculty as well as Kalamazoo College with 1,378 students.
- In 2014, Walgreens relocated to this site, building a new prototype store in a high-barrier-to-entry market to enhance visibility, with approximately 42,000 vehicles passing by daily.
- The Kalamazoo area serves as headquarters for Fortune 500 companies Stryker & Zoetis, with over ±1.2 million square feet in office/warehouse space. Additionally, Pfizer maintains a substantial presence in the region with their 1,300-acre manufacturing facility.
- Located less than two miles from the subject property, Bronson Methodist Hospital consists of 434 beds and operates on a 28-acre campus.
- Central Business District, which is located in Downtown Kalamazoo, is home to over 1,000 businesses in the surrounding area.
Available properties
- Both the store and pharmacy are open 24 hours a day, with strong sales figures of ±$3.25 million being reported.
- Ranked in the top 10% of all Walgreens nationwide in customer visits, according to Placer.Ai.
- CVS is located directly adjacent to the subject property with the next nearest Walgreens over 11 miles to the east.
- Located two miles east of Jefferson Memorial Hospital.
- Oshkosh Corporation, a Fortune 500 company, has a 500,000 square foot facility in Jefferson City and employs approximately 300 employees.
- Walgreens benefits from being located in a 964,000 SF retail corridor with nearby national tenants such as Tractor Supply Co., CVS, Walmart Supercenter, Lowes, Dollar General, O'Reilly, Advance Auto Parts, and Food City.
- Cherokee Reservoir is located 2.5 miles to the north and attracts 1 to 2 million visitors annually.
- Only free-standing national chain drugstore in Sturgis and only Walgreens for over 15 miles.
- This is the closest national pharmacy to Sturgis Hospital, an 84-bed health center located 1.6 miles from the property.
- Over 16 million square feet of industrial space within a 3-mile radius and 2.3 million square feet of retail space within a 2-mile radius.
- Located with frontage on Centerville Road, with over 16,000 VPD, serving as Sturgis's main North/South thoroughfare.
- Walgreens has been operating at this location for over 19 years.
- Walgreens acquired this store from Rite Aid and rebranded it as a preferred location in 2019.
- Located on the east side of the Hudson River at the entrance to The Troy Waterford Bridge (11,000 VPD). The bridge connects to Highway 32 and leads south to meet with Interstate 787 (±79,000 vehicles per day).
- There are over 4 years remaining on the lease term with 4 (5-year) options and ±5% increases at the beginning of each five-year option.
- Samaritan Hospital, a 277-bed hospital with over 1,400 physicians and medical staff that serves the areas of Troy, Albany and Schenectady is located 4.5 miles south of the property.
- Located twelve miles north of Albany and part of the Albany MSA with a population of over 1,239,000 people which has the largest year over year increase in population among New York’s 13 metro areas.
- Close proximity to Rensselaer Polytechnic Institute (RPI), a school district that employs about 600-700 individuals and serves approximately 4,000 students across its elementary, middle, and high schools.
- This is the only Walgreens or CVS for over 13 Miles.
- Purcell Municipal Hospital, a brand new $18 million state-of-the-art facility opened in 2022.
- The property benefits from its position on the signalized hard corner of West Washington Street and Green Ave which is the main thoroughfare running through Purcell.
- The Property is located just east of I-35, which serves as the main connector between Oklahoma City to Fort Worth/ Dallas.
- The 5-mile population has grown over 10% over the past four years and is projected to continue expanding at over 3% through 2029.
- Chickasaw Nation Purcell Health Clinic employs approximately 100 employees and serves more than 10,000 patients every year.
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- The Property consists of ±13,500 square feet of rentable space and lies on approximately 1.07 acres of land.
- Infill Denver demographics and dense employment base with ±387,444 residents in a 5-mile radius.
- ±8.3M square feet of retail, ±5.0M square feet of office space including ±1.2M square feet of medical office space all within a 3-mile radius.
- Frontage on South Broadway at intersection with ±38,660 vehicles per day.
- Existing drive-thru and ±55 striped parking spots.
- The Property consists of ±12,977 square feet of rentable space and lies on approximately 1.475 acres of land.
- Zoned CBD - Central Business District.
- Existing double lane drive-thru and 64 striped parking spots.
- Located on Michigan SR 29 (St. Clair River Drive), the main thoroughfare of the city of Algonac.
- One minute walk to the Walpole-Algonac Ferry connecting Algonac across the Saint Clair River into Canada.
- Blue Water Bridge, one of the busiest crossings between the United States and Canada is located 25 miles from subject property.
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- The building is a free-standing retail box with a drive-through window and is approx. 11,180 sqft, situated on an 81,022 square foot lot.
- The property is strategically located with 85,000+ people in a 5-mile radius with an average household income of $105,000+ within 1 mile of the subject property.
- The property is located on a signalized hard corner with over 2.6 million square feet of retail space within a 1-mile radius.
- The region includes large and stable employers such as Michigan State University, Sparrow Hospital and General Motors' Lansing Grand River Plant.
- Walgreens recently committed capital at this location for interior renovations to the pharmacy and an addition of a private health room for pharmacists to provide pharmacy customers with consultation and medication instructions, demonstrating their long-term commitment to the location.
- According to Placer.AI, this location is rated #1 in customer visits of Walgreens stores in a 50-mile radius.
- This store will benefit from an expanded script base as Walgreens recently acquired all of Rite Aid’s files in the Lima Market.
- One of only two Walgreens serving over 101,000 residents.
- Open two hours later than competing Walgreens in Lima.
- Located 1.5 miles from Mercy Health-St. Ritas Medical Center with 3,000 employees.
- Over 2.6 million square feet of retail space within 1.5 miles of the Property.
- CVS guarantees the rental income which has 10% increases in the options and does not include a rent holiday.
- Property is ±1.3 miles from Mountain Creek Resort with 3 main ski runs boasting over 700,000 annual visitors.
- Subject Property is the only national drugstore chain in Vernon. The next closest CVS is 7.7 miles to the northeast, the next nearest Walgreens is over 5.6 miles to the west and nearest Rite Aid is over 19 miles north.
- Over 16 years of lease term remaining on an absolute net lease with no landlord responsibilities.
- Nearby attractions include Crystal Springs Resort, Wawayanda State Park Wallkill River National Wildlife Refuge and 7 championship golf courses.
