Broken Arrow is ±15 miles southeast of downtown Tulsa and is part of the Tulsa MSA with ±1,200,000 residents within a 6,270 square mile area.
Near St. John Hospital, a 44-bed, 24-hour, full service hospital approximately 2 miles northwest of the subject property and is the only one in the community.
Recently exercised option due to store performance, term remaining is ±10.5 years on a double net lease with 9 (5-year) options to extend.
This location benefits from a history of solid sales volumes as it is surrounded by residential neighborhoods.
One of only two drugstores in a 2-mile radius serving nearly 20,000 households.
Recently exercised two 5-year options early showing commitment to this location.
This pharmacy and store are open 24 hours and have a history of very strong reported sales.
Walgreens acquired the Rite Aid directly across the street from the subject property, closed it and transferred all prescriptions to this location.
Subject property is located about 37-seven miles north of downtown Atlanta and with an above average household income.
The average household income in a 3-mile radius is $89,121, population in a 5-mile radius is 110,599.
Walgreens exercised two 5-year options early showing commitment to this location.
Assumable interest only financing Cash-on-Cash return of 8.46% with $1.5M down payment.
Located in the main retail corridor a half mile from the Valley Vista Mall and within ±2.9 Million SF of retail space within a 1-mile radius.
This Walgreens is the only drugstore in the main Guthrie trade area with the nearest national chain drugstore over 13 miles away.