Available Archives - Pharma Property Group

Available

Vacant Walgreens for Sale or Lease

Western US

**PLEASE CALL FOR PRICING**

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.

Available

Vacant CVS for Sale or Lease

Algonac, MI

$ 2,600,000

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.

Available

Vacant Rite Aid for Sale or Lease

Okemos, MI

**PLEASE CALL FOR PRICING**

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.

Available

Walgreens for Sale

Lima, OH

$ 3,944,444

9.00 CAP

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.
Less than 1 mile from the University of Northwestern Ohio, with over 4,000 full-time students and 530 employees.

Available

CVS for Sale

Vernon, NJ

$ 8,208,250

6.00 CAP

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 16.5 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.

Available

Walgreens for Sale

Santa Clarita, CA

$ 7,101,913

5.75 CAP

Walgreens signed a new 15-year lease with 5% increases every 5 years.
Southernmost Walgreens location in Santa Clarita Valley, 1 of only 4 Walgreens serving over 221,345 residents.
Los Angeles County is the most populous county in the United States with over 9.7 million residents as of 2023.
Approximately 28,000 households in the immediate 3-mile trade radius, with an average household income of over $100,000.
Located off I-5 (180,000 VPD) on a highly visible signalized intersection with over 63,000 vehicles daily.

Available

Walgreens for Sale

San Pablo, CA

$ 3,925,925

6.75 CAP

Within a 5-mile radius, the population consists of 224,973 residents with an average household income of $110,554.
Walgreens exercised an option early in 2021 showing commitment to this location.
A rental increase is scheduled in the fixed term on January 1, 2027 to $291,500.
Located at the signalized corner of San Pablo Avenue and Richmond Parkway with a combined traffic count of ±46,000.
Walgreens is paying $19.13 annual rent per square foot which is below market for the area.

Available

Walgreens for Sale

Oxford, PA

$ 3,606,103

7.75 CAP

Recent 10 Year Extension showing Walgreens commitment to this location.

This Walgreens benefits from limited competition with no other Walgreens for over 11 miles, and no competing CVS for over 2 Miles.

Property is located within the Philadelphia-Camden-Wilmington Metropolitan Statistical Area, the 8th largest MSA in the United States with a population of over 6.2 million people.

The average household income within a 1-mile radius is $107,926, within a 3-mile radius it is $104,930 and within a 5-mile radius it is $112,191.

Apart from Walgreens, the three additional tenants have lease expirations over the next few years providing a potential value add component.

Available

Walgreens for Sale

Western US

$ 5,100,689

7.25 CAP

Located on northeast corner of North Rancho Drive and West Washington Street with a combined traffic count of ±59,000 vehicles per day.
Walgreens benefits from dense infill demographics with over 58,000 households in a 3-mile radius.
Subject property is neighbored by numerous complimentary national retail tenants including McDonalds, O'Reily Auto Parts and 7-Eleven. There are ±6 million square feet of retail space in a 2 mile radius.
Located 2 miles north of University Medical Center, a 564-bed Trauma I hospital with ±3,600 employees.
Located 2 miles south of the North Las Vegas Airport employing nearly 1,000 and running over 176,000 general aviation operations including tourist helicopter flights.

Available

Walgreens for Sale

Tacoma, WA

$ 6,213,822

9.00 CAP

In a 5-mile radius the population is 249,502 residents with an average household income of $93,968.
Nearby hospitals include MultiCare Tacoma General Hospital (0.5 mi NE) with 437 beds and St. Joseph Medical Center (1.4 mi SE) with 374 beds.
Within a 1-mile radius there are ± 220 apartment complexes with a total of ±6,200 units, with an additional 289 units coming in 2024 in the Aspire 11 six-story mixed-use project less than a mile away.
Located in the immediate area are The University of Puget Sound, Bates Technical College and the University of Washington - Tacoma.