- The intersection of Davis Boulevard and Santa Barbara Boulevard is undergoing significant commercial expansion with proposed developments including Wawa, McDonald’s, AutoZone, and Whole Foods in the immediate surrounding area, further strengthening the long-term retail fundamentals of the corridor.
- CVS occupies a highly visible signalized hard corner with combined traffic counts exceeding 54,000 vehicles per day.
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- 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.
- 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.
- 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
- Walgreens operates on an absolute net lease with no landlord responsibilities whatsoever.
- The property benefits from limited drugstore competition, with the next nearest Walgreens store being a 25-minute drive across the state line, over 8.5 miles away.
- Located across the street from a CVS store and is the last Walgreens leaving Kansas City to the north for over 36 miles and the last Walgreens west of the Missouri River for 132 miles.
- 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.
- 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.
- 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.
- In a 1 and 3-mile radius average household incomes are approximately $100,000 per household.
- Located near I-95 Exit 53 and Shore Line East commuter rail station.
- Coastal zoning and built-out conditions restrict new commercial development.
- West Main Street maintains historically low vacancy and strong tenant retention.
- In a 1, 3 and 5-mile radius average household incomes range from $120,000 to $130,000 per household.
- Situated at the crossroads of US-46 and NJ-10, the property benefits from its close proximity to the Christopher Columbus Highway interchange (I-80), with over 114,000 vehicles per day.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever.