- The lease is on an absolute net basis with 3.75 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever.
- This Walgreens is located directly across the street from CVS, making this a strategic location for both CVS and Walgreens. These are the only two national brand drugstores in Crawfordsville.
- The property is located in the heart of Crawfordsville at the main intersecting roads in the city, North Washington Street and West Market Street with a combined traffic count of approximately 30,000 vehicles per day.
- Two miles south of Franciscan Health Crawfordsville (103 beds) and Wellbrooke Senior Living.
Available properties
- Walgreens will continue paying rent through March 31 of 2028 ($690,690 Remaining Rent).
- Up to 80% loan-to-value allows a purchaser to possibly put down approximately $550,000 for the acquisition. Lender does not require new third-party reports, minimizing acquisition costs. Contact broker for further loan terms and interest rates.
- Walgreens is responsible for all building and property expenses.
- Completed in 2024, the 12,000 seat Atrium Health Amphitheater drew in more than 100,000 visitors in its first full year and generated an estimated $20 million in local spending.
- In February 2026, GLPI obtained a $20M, 10‑year option to acquire the former JCPenney site at Macon Mall for a potential casino project, with plans to invest up to $2.5M in demolition and site preparation during the initial five‑year term.
- Walgreens will continue paying rent through October 31 of 2027 ($502,917 Remaining Rent).
- Up to 80% LTV allows purchaser to possibly put down approximately $500K, lender does not require new third-party reports. Contact broker for details.
- Walgreens is responsible for all building and property expenses.
- Situated at the intersection of Gray Highway and Shurling Drive with combined traffic counts of 60,900 VPD.
- With construction slated to begin Summer of 2026, the new Macon arena will replace the current Macon Coliseum and will be designed to host events such as tradeshows, concerts, and conferences.
- Walgreens is currently paying $16.02/psf, which is in line with current market retail rents of $16-18/psf.
- Open until midnight, capturing extended‑hour foot traffic which contributes to its ranking as the 3rd most‑visited national drugstore chain within a 10‑mile radius (316K annual visits per Placer.aI).
- In 2025, Walgreens waived its 2028 and 2033 termination options, extending the lease expiration to August 31, 2038.
- Rapid residential expansion with 1,900+ new homes planned or underway within 3 miles, supported by ~4.5% annual population growth since 2020—outpacing Ocala—and driven by proximity to The Villages (20 minutes south), a master‑planned retirement community with 140K residents.
- Located 2.5 SE of the property, a proposal for a major big‑box retailer, a gas station, and roughly 22,500 square feet of additional retail and restaurant space is underway. The development will create 400 jobs.
- Walgreens will be paying $16.80/sf in rent after the next increase, which is in line with the local retail market of $16-18/sf.
- A nearby Walgreens located 2.3 miles away is scheduled to close on July 21, 2026, with prescription counts being transferred to this location.
- According to Placer.AI, the property ranks in the top 25% of Walgreens nationwide.
- The property is located a half mile from the University of Memphis main campus, with over 24,000 full-time students and faculty.
- The property has 8.5 million square feet of existing retail space within a 3-mile radius.
- Located 5.5 miles from Downtown Memphis, the property has 101,000 households within 5 miles, with a population exceeding 245,000.
- ±13,225 SF freestanding building on a 1.99-acre parcel; built in 2010 and maintained by CVS under an absolute NNN lease structure.
- Over $2.1 million in remaining rent from CVS before the free rent period.
- Opportunity to allow investors to collect guaranteed income while evaluating re-tenanting, redevelopment, or repositioning strategies.
- Positioned along East Main Street (IL-1), a primary arterial corridor in Danville, offering excellent visibility, access, and consistent regional traffic flow.
- 0.5 miles from 234-bed Mercy Health Springfield Regional Medical Center.
- Within 2 miles of Wittenberg University (1,254 students) and Springfield High School (1,602 students).
- Fountain Village, a 16-acre housing development which includes 54 single-family homes, and 109 townhomes.
- Located at North Limestone St (±19K VPD) & (±12K VPD) McCreight Ave, a key north–south arterial with direct connectivity to I-70, Springfield’s main interstate access.
- Springfield employment grew 2.3% (Feb 2020–Mar 2024), led by major employers Mercy Health (4,060), Navistar (4,556), and Clark State College.
- Springfield GDP up 6.1% YoY with growth in healthcare, advanced manufacturing, and air mobility.
- Open until 12 AM, the store generates over $23 million in annual sales and ranks in the top 20% of CVS locations in Texas by customer visits (Placer.ai).
- CVS is paying replaceable market rents at this location.
- The average household income within one mile is $135,373, and League City’s population grew 36.9% from 83,560 in 2010 to 114,392 in 2020.
- Only CVS west of Interstate 45; primary provider for households on the west side of League City.
- Commercial development is anchored by the Highway 96 & 146 mixed-use project (70,000 SF retail and 220,000 SF warehouse/flex) and Grand Oak Village, a 16-acre retail project
- This CVS lease has approximately 14 years of firm term before the next option with no rent holiday.
- This is only the CVS location for over 23 miles.
- Less than 2 miles from the Mayo Clinic Health System - Red Cedar, which serves residents of Menomonie and surrounding cities like Eau Claire, Barron, Chippewa Falls and more.
- Located less than 0.5 mile from the University of Wisconsin-Stout, a public university with approximately 7,000 students.
- Estover Terrace, a 13 building community consisting of 136 multi-family units, was recently completed and is located less than 2 miles from the subject property.
- 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.