Walgreens for Sale

Kansas City, KS

$ 4,181,160

10.00 CAP

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  • 3 Mi W of the Fairfax District (527-acre industrial park 10K employees) which is anchored by Kellogg’s and General Motors Assembly Manufacturing Plants.
  • Midtown Station- New Development under construction 1 Mi W that includes over 1,500 new residences, 200K square feet of commercial space, a hotel, conference center, and an innovation hub.
  • The property has 4.2 million square feet of retail space and over 45 million square feet of industrial space within 4 miles.
  • 2.5 miles south of the property, the BNSF Railway Argentine Yard covers 780 acres and is one of the largest and busiest rail yards in the United States. BNSF announced a $3.8 billion capital investment plan for 2025.
  • This lease calls for 5% rental increases every 5 years throughout the first four option periods.
  • Only freestanding Walgreens property for 5 miles, serving over 140,000 residents.

Walgreens for Sale

Evansville, IN

$ 3,743,174

10.00 CAP

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  • Less than 1 mile from Acension St. Vincent Hospital (500+ beds) and 3.3 miles from Deaconess Gateway Hospital (250 beds).
  • 2M SF of retail within a 1 mile radius and less than 2 miles south of Eastland Mall (1M SF).
  • Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
  • Labcorp patient service center operates within the building, generating additional healthcare-related foot traffic.
  • Combined traffic count of approximately 25,426 VPD along South Green River Road and Washington Avenue and is less than a mile from SR 66 with 62,961 VPD.
  • Evansville employers include Deaconess Health System, Berry Global Group (Fortune 500), Ascension, Old National Bank, and Toyota Motor Manufacturing Indiana.

Walgreens for Sale

Memphis, TN

$ 3,916,809

9.00 CAP

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  • Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
  • Top 20% location nationwide per Placer.Ai with strong reported sales.
  • Located at the intersection of Riverdale Road and Winchester Road, capturing approximately 62,256 vehicles daily.
  • Winchester Road provides direct connectivity to Memphis International Airport, just 8 miles from the property.
  • Surrounded by major national retailers including Costco, Walmart, Sam’s Club, Home Depot, Lowe’s, Ross, Kroger, and Topgolf.
  • Regional economy anchored by FedEx’s global air cargo hub and major distribution centers for Nike, Amazon, UPS, and DHL.

Walgreens for Sale

Midwestern US

$ 3,730,200

10.00 CAP

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  • Across the street from the property, Allen Hospital is a 204-bed hospital serving the greater Cedar Valley market.
  • There is over 5.8M sf of industrial space within 3 miles of the property, with a vacancy rate below 1%.
  • This Walgreens is the only Walgreens north of Cedar River in Waterloo for over 15 miles.
  • The lease calls for a 5% increase in the first four options.
  • Close proximity to the John Deere Tractor Major Operations Center & Tyson Foods Fresh Meats processing facility.

Walgreens for Sale

Norton Shores, MI

$ 4,203,890

10.00 CAP

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  • Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
  • Located 0.5 miles from Trinity Health Muskegon Hospital, a 358-bed facility.
  • West Shore Plaza, a 959,000-square-foot retail center anchored by Walmart Supercenter, Lowe's, and Sam's Club, is situated approximately one mile to the east.
  • Situated along Sherman Boulevard, a primary east-west corridor linking residential areas, retail centers, and medical services across the Muskegon market.
  • In March of 2025 GE Aerospace announced they are planning a $70 million expansion at their site in Norton Shores.

Walgreens for Sale

Van Buren, AR

$ 3,131,817

11.00 CAP

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  • The property is the only Walgreens property in Van Buren and the only Walgreens north of the Arkansas River for over 7 miles.
  • The property is located adjacent to the Interstate 40 and Fayetteville Road interchange, connecting Oklahoma City to the east and Little Rock to the west, with over 60,000 combined vehicles daily.
  • Bekaert Corporation (2 miles east) and Simmons Foods, Inc. (2 miles south), both recently committed over $150 million to expand their manufacturing and distribution centers, adding permanent jobs to the market.
  • Located 2.5 miles from the property, Baptist Health - Van Buren is the only major hospital in Van Buren with over 100 licensed beds.

Walgreens for Sale

Elkhart, IN

$ 3,500,000

10.00 CAP

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  • Walgreens has operated at this location for over 17 years with 8 years of firm lease on an absolute net lease.
  • Within a 5 mile and 10 mile radius there is approximately 75,000 residents and 175,000 residents respectively.  Average household incomes range from $70,000 to $80,000 in a 5 mile radius.
  • There are a total of 29 hotels within a 1-mile radius of the property (2,056 rooms) including Garden Inn (145 rooms), Baymont Inn & Suites (123 rooms), and Daylite Inn (120 rooms).
  • Located along Elkhart’s main commercial corridor with 24,246 vehicles per day, surrounded by national retailers including Walmart, Meijer, Lowe’s and Menards.
  • Citywide revitalization efforts include the $300M+ ASPIRE  Elkhart initiative, River District transformation, and business park expansion, supporting long-term growth.
  • Immediate connectivity to the Indiana Toll Road (I-80/I-90) allows easy access to South Bend, Chicago, and the greater Midwest.

Walgreens for Sale

Mount Pleasant, MI

$ 3,989,473

9.50 CAP

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  • The lease is an absolute NNN lease with zero landlord obligations whatsoever.
  • Located 1 mile south of the property, Central Michigan University has over 15,000 full-time students and is one of the major employers in Mt. Pleasant.
  • Less than 1 mile from the property, McLaren Central Michigan is a 118-bed acute care, CMS 5-Star rated hospital that serves Mount Pleasant, Isabella County, and central Michigan.
  • Owned and operated by the Saginaw Chippewa Tribal Nation, Soaring Eagle Casino & Resort features a 514-room hotel and employs over 3,000 people.
  • The property is located on the signalized hard-corner of N. Mission St and Pickard St, with a combined 33,136 vehicles per day. Additionally, the property is situated in close proximity to the US-127 interchange, connecting Lansing to the South with over 20,000 vehicles per day.

Walgreens for Sale

Berlin, CT

$ 5,277,779

9.00 CAP

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  • Absolute NNN lease through August 31, 2032, with ten (5-year) renewal options and no landlord responsibilities.
  • In a 1, 3 and 5-mile radius average household incomes range from $90,000 to $100,000 per household. Positioned along Farmington Avenue (Route 372) with direct access to I-91 and I-84 with ±15,400 vehicles per day.
  • Located 12 miles from Hartford, home to major employers such as Travelers, Aetna, The Hartford, and Hartford Healthcare.
  • Surrounded by major employers including Eversource Energy, Assa Abloy, Comcast, and others with over 3,000 jobs in the immediate area.
  • Proximity to multiple institutions, including Central Connecticut State University in nearby New Britain and the University of Hartford.

Walgreens for Sale

Central US

$ 3,197,376

10.00 CAP

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  • This is the only Walgreens property on the southwest side of the Missouri River, and the nearest freestanding CVS store is over 70 miles away.
  • The lease calls for a 5% increase in October 2026 and a 5% increase at each of the first four options.
  • The average household income within a 1-mile and 5-mile radius is approximately ±$75,000.
  • The Iowa Economic Development Authority approved the Southbridge Business Park, located 4 miles away, with a $50 million state investment for roads, a 2027 I-29 interchange, utilities, and other infrastructure.
  • The market has over 5 million square feet of industrial space, including Tyson Foods' 744,000-square-foot beef packing plant, employing over 4,200 people as one of six Tyson facilities.
  • Northeast Community College - South Sioux City Campus, less than 1 mile away, enrolls over 5,500 students in full or part-time classes.