Rite Aid

Bakersfield, CA

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  • High traffic count of 63,111 cars per day and located 3 miles from Highway 99 with approximately 137,000 cars per day.
  • Wells Fargo subleases a portion of the space on an absolute net lease basis for an opportunity of supplemental income.
  • Average HH income in a 1-mile radius is $79,529, in a 3-mile radius it is $83,335 and $77,942 in a 5-mile radius with a population of 251,698 in a five-mile radius.

Walgreens

Southwest US

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  • One of only ±400 Walgreens locations with an in-store healthcare clinic.
  • Directly across the street from CVS making this a strategic location for both Walgreens and CVS.
  • Surrounded by residential neighborhoods and located at Exit 246 of Interstate 10 ±12 miles northwest of downtown Tucson. Average household income is $90,069 in a three-mile radius and $83,659 in a five-mile radius and 281,588 in a ten-mile radius.

CVS

Spring Hill, FL

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  • Subject property is located in a two-mile radius of three different hospitals.
  • Located in a retail hub with approximately 1.8 million square feet of retail space.
  • 50 miles north of Tampa along at the central coast Gulf of Mexico.
  • Five mile radius population is 82,480 and household income is $60.598.

CVS

Bogalusa, LA

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  • Approx. 13 yrs. of term remaining before 10 (5-year) options, double net lease, landlord responsible for parking only.
  • The lease allows for five percent (5%) rental increases in each of the ten (five-year) options.
  • The lease structure for this asset does not include a rent holiday.

Walgreens

Alexander City, AL

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  • Located less than 0.2 of a mile from Russell Medical, a not-for-profit acute care hospital.
  • Only national chain drugstore in Alexander City, next nearest Walgreens or CVS over 13 miles away.
  • 14+ years of term remaining on an absolute net lease with eleven 5-year options to extend.

CVS

Franklin, WI

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  • Absolute Net Lease with 17 years remaining and ten (5-year) options with increases.
  • Fresh 20-year lease in 2019 which speaks to the strength of the store.
  • Affluent infill Milwaukee MSA market 12.8 miles southeast of Downtown Milwaukee.

Rite Aid

Kutztown, PA

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  • Rite Aid extended lease which has a ±20% increase in first option.
  • Exceptional sales and over 10 yrs of primary lease term on an absolute NNN.
  • Only Rite Aid drugstore in Kutztown, CVS one mile SW and no Walgreens within 11-miles.

Walgreens

North Cape May, NJ

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  • Absolute net lease with rental increases.
  • Unique peninsula location with limited drugstores.
  • Over 20 years of drugstore operating history with established customer base.

Walgreens

Hamilton, NJ

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  • Sale includes Walgreens and Black Forest Acres, both absolute net leases with increases.
  • Located 1.2mi N of RWJ University Hospital, largest employer in Hamilton Township.
  • Only drugstore open until midnight in a 10mi radius, directly across from a CVS.

Walgreens

Maineville, OH

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  • Cincinnati MSA location with over 2,3000,000 people.
  • Nearby Kings Island Amusement Park Employs 5,000+ people in the area.
  • Limited drugstore competition, one of only two drugstores in 3.5 mile radius.