- The lease allows for fixed rent increases every five years in the option periods.
- Located along Lake Placid's main commercial corridor, the property is situated at the corner of US Route 27 and East Interlake Boulevard, with a combined average daily traffic count of 27,900 VPD.
- The closest CVS is located approximately 13 miles away.
- Located 2 miles away, Amazon is building a brand new, 75,000 square foot delivery station, expected to be operating in the Fall of 2025.
- CVS has been operating out of this location for over 26 years and are currently in their 2nd Option with 2 (5-Year) option periods remaining.
Available properties
- Walgreens lease runs through July 31, 2028, with ten (5-year) renewal options and no landlord obligations.
- Co-tenancy with VillageMD signals Walgreens’ targeted investment in this location as part of its national healthcare expansion strategy.
- Average household income of $117,577 within a 1-mile radius and a population of over 94,000 within 5 miles.
- One of only two CHIPS Zones in the state, providing refundable tax credits for semiconductor-related businesses and reinforcing the area’s economic foundation.
- Surrounded by major employers including Seagate, AMD, Micron, and over 40 tech, aerospace, and hardware companies.
- The property is leased through September 30, 2030 under an Absolute Net Lease (NNN) with no landlord responsibilities whatsoever.
- Within a 5-mile radius, the population exceeds 283,000 with 109,716 households and an average household income of approximately $89,000.
- Located at the intersection of Pacific & East 56th Avenue, with ±32,981 vehicles per day.
- Situated in the Seattle-Tacoma MSA, one of the fastest-growing regions in the Pacific Northwest, with access to I-5 and proximity to downtown Tacoma and Joint Base Lewis-McChord.
- Listed by Brian Brockman, Bang Realty - Inc, 513-898-1551, wg@bangrealty.com, VA DRE Lic. 225245999.
- Walgreens has been operating at this location since 1999, and in 2019, Walgreens renewed its first 5-year option. In 2024, Walgreens restructured its lease early, extending the firm lease term to 2034.
- Two hospitals totaling 540 beds are both within 2 miles of the property.
- Within 3.5 miles there are currently over 350 new units under construction.
- Situated at a signalized intersection with a combined traffic count of 37,000 vehicles per day.
- There is more than 4.8 million square feet of existing retail space within 2 miles of the property.
- Under market rent with Walgreens paying $13.89 per square foot.
- Walgreens has been operating at this location since 2000 and in 2019 Walgreens restructured and extended its lease. In 2025, Walgreens renewed its next 5 year option as scheduled.
- The lease features 5% rental increases at each 5 year option period beginning in 2030.
- Located approximately 40 miles from Downtown Houston, the Houston MSA is the fifth-most populous metropolitan statistical area in the United States.
- Close proximity to Interstate 45, which connects Galveston to Houston and then to Dallas, with over 60,000 vehicles per day.
- 1.5 miles south of HCA Houston Healthcare Mainland, a 222-bed hospital.
- Below market seller financing available, contact broker for details.
- Walgreens recently extended their lease in 2023 to a firm 12 years of lease term, showing their commitment to this location.
- Frontage on SW Moreland School Road (9,320 VPD) and MO-7 (25,384 VPD).
- Located in a affluent Kansas City suburb, the average household income in a 1-mile radius is ±$101,000.
- Located 3 miles to the north, St. Mary’s Medical center is a 137-bed acute care facility which has served the community for over 40 years.
- This Walgreens is located across from a CVS making this a strategic market share corner for the two largest national drugstore chains.
- Listed by Brian Brockman, Bang Realty - Inc, 513-898-1551, wg@bangrealty.com, WV DRE Lic. WVB200300608.
- The next nearest Walgreens location is over 15 miles away.
- Less than half a mile from the property, St. Joseph's Hospital is the only level IV trauma center in the county.
- The property is surrounded by national retail tenants such as Walmart Supercenter, Lowe’s, Kroger, and Tractor Supply, and has the only national big-box tenants in a 12-mile radius.
- Located less than 1 mile from West Virginia Wesleyan College.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever
- The only occupied Walgreens or CVS pharmacy for over 26 miles away with operating history of 21+ years.
- Labette Health (1.7 mi) a 99-bed hospital serves as the only major hospital system in Parsons and provides services to the six-county area.
- Absolute NNN lease with zero landlord obligations whatsoever, with 5% rental increases in the first four options.
- Located 1.5 miles from the property, Parsons Research Center is a partnership between Kansas State University and federal, state, and county governments conducting research throughout Kansas.
- Adjacent to the property, Labette Community College enrolls over 1,500 students annually.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever with six (5-year) renewal options and 10% rent increases in the first and third options.
- No other Walgreens within 13 miles and no CVS location within 26 miles.
- Closest drugstore to MaineHealth Franklin Hospital, which serves the Greater Franklin County and its 40,000 residents.
- Located on a key north-south corridor leading to Quebec, approximately 80 miles from the Canadian border via Coburn Gore crossing.
- Close proximity to the University of Maine at Farmington, serving 1,837 students and 149 faculty and staff.
- The only occupied Walgreens or CVS pharmacy for over 18 miles away with operating history of 18+ years.
- There is more than 1.7 million square feet of industrial space within 2 miles of the property, anchored by TG Kentucky, an automotive supplier, employing over 1,100 local residents.
- Less than 1 mile away, Spring View Hospital, a 75-bed full-service facility, serves as a primary medical provider for Marion County and the surrounding central Kentucky region.
- Morris Packaging has committed $60M to develop a 100K sq ft facility to create nearly 300 jobs. Additionally, EPC-Columbia is expanding its manufacturing operation, adding 40k sf to its existing 240k sf facility.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever with 5% increases in the first four options.
- Lebanon Bypass (KY 2154) is being extended from KY 55 to US 68 east of Lebanon. The extension is part of a broader plan to improve connectivity and reduce congestion in the area.