Walgreens, CVS, and Rite Aid for Sale
- Walgreens reports exceptional sales volumes at this store located in the Los Angeles MSA.
- Rental increase of ±5.25% in the first option and set to increase to $463,748 in June 2026.
- Affluent HH income in a 5-mi radius of $110,546 and located at a corner with ±60,000 VPD combined traffic count.
- Four medical facilities totaling 665 beds are located within a 2.1 mile radius of the subject property.
- Adjacent to OSF Saint Anthony Medical Center that employs over 24,000 staff in Illinois.
- Walgreens is reporting historically strong sales at this location.
- Absolute net lease with ±5.5 yrs remaining on this lease with 10 (5-yr) options.
- Located along E State St, the main corridor of the large national retail tenants.
- Walgreens reports exceptional sales volumes at this store located in the Los Angeles MSA.
- Rental increase of ±5.25% in the first option and set to increase to $463,748 in June 2026.
- Affluent HH income in a 5-mi radius of $110,546 and located at a corner with ±60,000 VPD combined traffic count.
- Four medical facilities totaling 665 beds are located within a 2.1 mile radius of the subject property.
- Adjacent to OSF Saint Anthony Medical Center that employs over 24,000 staff in Illinois.
- Walgreens is reporting historically strong sales at this location.
- Absolute net lease with ±5.5 yrs remaining on this lease with 10 (5-yr) options.
- Located along E State St, the main corridor of the large national retail tenants.
- This store is in the top 5% performing locations for Rite Aid nationwide.
- Located 1.5 miles from the United States/Mexico border where ±7.1M cars and 4.4M pedestrians cross into/out of the US annually.
- This is the only standalone, national chain drugstore in the Calexico. Closest Walgreens and CVS locations are over 7 miles away.
- Rental increases are ±10% at the first option and 5% every 5 years during the options. Rent increases to $444,675 in 2026.
- Rare Net leased drugstore in the Los Angeles MSA, the 2nd-largest in the US and 18th-largest in the world with almost 1,000,000 residents and over 237,000 households in a 5-mile radius.
- Existing financing is set to mature in 12/1/2024 and has a current balance of ±$7M at a 4.39% interest rate, monthly debt service is $25,608, cash flow after debt service is $23,559 monthly or $282,708 annually allowing for a 6.57% cash on cash return. Loan is non-recourse with 1% assumption fee payable by the Buyer.
- Strong reported sales volumes, absolute net lease has ±10+ years remaining with no landlord responsibilities whatsoever.
- This store is in the top 5% performing locations for Rite Aid nationwide.
- Located 1.5 miles from the United States/Mexico border where ±7.1M cars and 4.4M pedestrians cross into/out of the US annually.
- This is the only standalone, national chain drugstore in the Calexico. Closest Walgreens and CVS locations are over 7 miles away.
- Rental increases are ±10% at the first option and 5% every 5 years during the options. Rent increases to $444,675 in 2026.
- Rare opportunity to purchase a net leased drugstore in the Los Angeles MSA, the 2nd-largest in the US and 18th-largest in the world. This property is located just 8.6 miles south of Downtown Los Angeles with demographics of almost 1,000,000 residents and over 237,000 households in a 5-mile radius.
- Existing financing is assumable allowing for a safe and simple closing process for a buyer. Current debt is set to mature in December 1, 2024 and has a current balance of approximately $7,000,000 at a 4.39% interest rate. Current monthly debt service is $25,608 and cash flow after debt service is $23,559 monthly or $282,708 annually allowing for a 6.57% cash on cash return. The loan is non-recourse and there is a 1% assumption fee payable by the Buyer.
- This Walgreens is reporting strong sales volumes at this location. The absolute net lease has approximately 10+ years remaining and allows for 50 years in options to extend with no landlord responsibilities whatsoever.
- The Walgreens is located along Long Beach Boulevard, one of the main thoroughfares used by the local workforce during their morning and evening commutes that leads directly into downtown Los Angeles. Nearby are 3 major hospitals and 6 schools serving roughly 5,300 students.
- One of the best performing Rite Aid stores in the Midwest with sales to rent ratios of 2.3%.
- Rite Aid added 10 years to the initial lease term in June of 2015. There are currently over 7.5 years remaining on a double net lease with six (5 year) options and increases.
- Rental increases are approximately five percent (5%) every five (5) years during the options.
- Roof was replaced in 2015 with a 20-year transferable warranty. Building exterior was also renovated.
- Exceptional reported store sales and is open until midnight.
- New 15-yr lease with 12 (5-yr) options to extend. Absolute net with no landlord responsibilities whatsoever.
- Lease allows for rare rental increases of 5% every 5 yrs in the initial term of the lease and during the options.
- One block from Natchitoches Regional Medical Center and one mile east of Northwestern State University.
- Walgreens has ±7 years remaining with 10 (5-yr) options to extend on the lease which operates on a absolute net basis with no landlord responsibilities.
- This Walgreens has a 18 year history of operations at this location and sells beer and wine. The subject property is the only stand alone national brand drugstore in Plainwell.
- Subject property is located about one mile west of Ascension Borgess-Pipp Hospital, a non for profit full-service care facility with 43 beds and 24/7 emergency services.
- Located on the main retail corridor of Plainwell near Grand Rapids, the second largest city in Michigan and one of the fastest growing in the Midwest with over 1,000,000 residents.
- Exceptional reported store sales and is open until midnight.
- New 15-yr lease with 12 (5-yr) options to extend. Absolute net with no landlord responsibilities whatsoever.
- Lease allows for rare rental increases of 5% every 5 yrs in the initial term of the lease and during the options.
- One block from Natchitoches Regional Medical Center and one mile east of Northwestern State University.
- No rent holiday and will be delivered free and clear of debt.
- The lease allows for rental 5% increases in the options.
- Near several major medical facilities including Infirmary Health and USA Health Children’s and Women’s Hospital.
- Situated on the signalized corner with a combined traffic count of ±31,109 vehicles per day.
- This Walgreens has a sales-to-rent ratio around 2% with 33 years of operating history with the initial lease signed in 1988.
- In 2011, Walgreens extended the lease early showing commitment to the location.
- This location has a very modest rent per square foot of $8.65 and a price per square foot of $140.76.
- The property is within the St. Louis MO-IL metropolitan statistical area with ±3,000,000 residents.
- No rent holiday and will be delivered free and clear of debt.
- The lease allows for rental 5% increases in the options.
- Near several major medical facilities including Infirmary Health and USA Health Children’s and Women’s Hospital.
- Situated on the signalized corner with a combined traffic count of ±31,109 vehicles per day.
- This Walgreens has a sales-to-rent ratio around 2% with 33 years of operating history with the initial lease signed in 1988.
- In 2011, Walgreens extended the lease early showing commitment to the location.
- This location has a very modest rent per square foot of $8.65 and a price per square foot of $140.76.
- The property is within the St. Louis MO-IL metropolitan statistical area with ±3,000,000 residents.
- This lease operates on an absolute net basis and has 9 years remaining with 10 (5- year) options to extend.
- Rare opportunity to purchase a drugstore in California, which has a high barrier of entry in the drugstore space.
- History of solid sales volumes as it is surrounded by residential neighborhoods with ±39,664 households within a 3-mile radius.
- Located at intesection with a combined traffic count of ±55,083 vehicles per day.
- Walgreens has 14 years remaining with ten (5-year) options to extend on an absolute net lease with no landlord responsibilities whatsoever.
- The property is located directly across the street from a CVS making this a strategic corner for Walgreens. Atrium Health Hospital is 2.9 miles away with 101 licensed beds and a 24/7 emergency department.
- The subject property is located at the southwest signalized corner of East Main Street (±27,500 VPD) and North Generals Boulevard (±14,500 VPD) approximately 1.0 mile west of Hwy-321 with a combined traffic count of ±42,000 vehicles per day.
- This lease operates on an absolute net basis and has 9 years remaining with 10 (5- year) options to extend.
- Rare opportunity to purchase a drugstore in California, which has a high barrier of entry in the drugstore space.
- History of solid sales volumes as it is surrounded by residential neighborhoods with ±39,664 households within a 3-mile radius.
- Located at intesection with a combined traffic count of ±55,083 vehicles per day.
- Walgreens has ±14.5 years remaining with ten (5-year) options to extend on an absolute net lease with no landlord responsibilities whatsoever.
- The property is located directly across the street from a CVS making this a strategic corner for Walgreens. Atrium Health Hospital is 2.9 miles away with 101 licensed beds and a 24/7 emergency department.
- The subject property is located at the southwest signalized corner of East Main Street (±27,500 VPD) and North Generals Boulevard (±14,500 VPD) approximately 1.0 mile west of Hwy-321 with a combined traffic count of ±42,000 vehicles per day.
- 15 year history of operations at this location with solid reported sales over that time.
- Only Walgreens in Crowley or anywhere within a 5-mile radius. Next nearest CVS is over 16 miles away.
- Blocks from Ochsner Acadia General (140-beds) and Southwind Healthcare Rehabilitation Center.
- Located along Crowley’s main retail corridor hosting the larger national retail chains in this community.
- Directly off I-10 on Exit 111 off Tower Road, all traffic traveling west from Lafayette passes by Exit 111 which accounts for 61,793 VPD.
- Rare opportunity to purchase a drugstore on the West Coast in an infill Oregon market with nearly 150,000 residents in a 5-mile radius and an average household income in a 5-mile radius of $70,842.
- Walgreens has a 16 year history of operations at this location with a strong history of solid sales performance over that time.
- Two blocks from McKenzie-Willamette Medical Center (113 beds) and four miles NW of the University of Oregon in Eugene (7,000 employees).
- Three blocks S of US Route 126 at Mile 6 (50,000 VPD) connecting Springfield and Eugene which is five miles west. Two miles E of I-5 (75,000 VPD).
- 15 year history of operations at this location with solid reported sales over that time.
- Only Walgreens in Crowley or anywhere within a 5-mile radius. Next nearest CVS is over 16 miles away.
- Blocks from Ochsner Acadia General (140-beds) and Southwind Healthcare Rehabilitation Center.
- Located along Crowley’s main retail corridor hosting the larger national retail chains in this community.
- Directly off I-10 on Exit 111 off Tower Road, all traffic traveling west from Lafayette passes by Exit 111 which accounts for 61,793 VPD.
- Rare opportunity to purchase a drugstore on the West Coast in an infill Oregon market with nearly 150,000 residents in a 5-mile radius and an average household income in a 5-mile radius of $70,842.
- Walgreens has a 16 year history of operations at this location with a strong history of solid sales performance over that time.
- Two blocks from McKenzie-Willamette Medical Center (113 beds) and four miles NW of the University of Oregon in Eugene (7,000 employees).
- Three blocks S of US Route 126 at Mile 6 (50,000 VPD) connecting Springfield and Eugene which is five miles west. Two miles E of I-5 (75,000 VPD).
- Lease is on an absolute net basis with 9 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever. Walgreens is reporting a history of solid store sales at this location.
- Existing financing is assumable. Current debt is set to mature in October 6, 2026 and has a current balance of $3,562,798.51 at an 4.41% interest rate. Current monthly debt service is $19,517.21 and cash flow after debt service is $5,782 monthly or $69,384 annually allowing for a 4.26% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer.
- Located at SE of Kenwood Trail and Kenrick Avenue with a combined traffic count of ±33,900 VPD. CVS is located directly across the street from the subject property making this a strategic location for both Walgreens and CVS.
- Average HH income in a 5-mi radius is $119,146 with a population of about 136,946. Located just blocks from Interstate 35 in the main retail corridor through Lakeville.
- The lease is on an absolute net basis with 9.5 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever. Walgreens is reporting a history of solid store sales at this location.
- Subject property is located two miles south of two medical facilities. There is a CVS located directly across the street from the subject property making this a strategic corner for both Walgreens and CVS.
- Existing financing is assumable. Current debt is set to mature in October 6, 2026 and has a current balance of $4,335,424 at an 4.53% interest rate. Current monthly debt service is $24,053 and cash flow after debt service is $7,191 monthly or $86,302 annually allowing for a 4.50% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer.
- Lease is on an absolute net basis with 9 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever. Walgreens is reporting a history of solid store sales at this location.
- Existing financing is assumable. Current debt is set to mature in October 6, 2026 and has a current balance of $3,562,798.51 at an 4.41% interest rate. Current monthly debt service is $19,517.21 and cash flow after debt service is $5,782 monthly or $69,384 annually allowing for a 4.26% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer.
- Located at SE of Kenwood Trail and Kenrick Avenue with a combined traffic count of ±33,900 VPD. CVS is located directly across the street from the subject property making this a strategic location for both Walgreens and CVS.
- Average HH income in a 5-mi radius is $119,146 with a population of about 136,946. Located just blocks from Interstate 35 in the main retail corridor through Lakeville.
- The lease is on an absolute net basis with 9.5 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever. Walgreens is reporting a history of solid store sales at this location.
- Subject property is located two miles south of two medical facilities. There is a CVS located directly across the street from the subject property making this a strategic corner for both Walgreens and CVS.
- Existing financing is assumable. Current debt is set to mature in October 6, 2026 and has a current balance of $4,335,424 at an 4.53% interest rate. Current monthly debt service is $24,053 and cash flow after debt service is $7,191 monthly or $86,302 annually allowing for a 4.50% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer.
- The lease is on an absolute net basis with 9.5 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever. Walgreens is reporting a history of solid store sales at this location.
- Subject property is located two miles south of two medical facilities. There is a CVS located directly across the street from the subject property making this a strategic corner for both Walgreens and CVS.
- Existing financing is assumable. Current debt is set to mature in October 6, 2026 and has a current balance of $4,335,424 at an 4.53% interest rate. Current monthly debt service is $24,053 and cash flow after debt service is $7,191 monthly or $86,302 annually allowing for a 4.50% cash on cash return. The loan is 100% non-recourse and there is a 1% assumption fee payable by the buyer.
- The store is dark and no longer in operation but will produce $14,398 monthly for the remainder of the lease term.
- Across from Canton Corners Shopping Center, a ±158,789 SF center anchored by Harbor Freight and Ashley Furniture.
- Located ±4 mi W of Northside Hospital, a 158-bed full service hospital served by over 1,000 physicians and 2,800 employees.
- Part of the Atlanta-Sandy Springs-Alpharetta MSA with a population of over 6M residents, the most populous metro area in the state of Georgia and ninth largest in the United States.
- Located just 5 miles NE from downtown Portland on one of the main thoroughfares leading into the city center.
- Affluent Roseway Neighborhood with an average HH income of $82,825
- Infill demographics with 426,271 pop. in 5-mile radius
- The store is dark and no longer in operation but will produce $14,398 monthly for the remainder of the lease term.
- Across from Canton Corners Shopping Center, a ±158,789 SF center anchored by Harbor Freight and Ashley Furniture.
- Located ±4 mi W of Northside Hospital, a 158-bed full service hospital served by over 1,000 physicians and 2,800 employees.
- Part of the Atlanta-Sandy Springs-Alpharetta MSA with a population of over 6M residents, the most populous metro area in the state of Georgia and ninth largest in the United States.
- Located just 5 miles NE from downtown Portland on one of the main thoroughfares leading into the city center.
- Affluent Roseway Neighborhood with an average HH income of $82,825
- Infill demographics with 426,271 pop. in 5-mile radius
- The store is dark and no longer in operation but will produce $2,592,000 of income over the remaining 8 years of lease term with rental income guaranteed by Walgreens with an absolute net lease and no landlord responsibilities.
- This is a freestanding building made to Walgreens specifications along highly visible Hwy- 18 and just 5 miles E of I-15. Highway 18 is the main thoroughfare through Apple Valley, part of San Bernardino County, the largest county in the contiguous United States by area.
- Just one block from Apple Valley Town Hall which includes the Civic Center Park, Apple Valley Police Department, the Apple Valley Conference Center and the San Bernardino County Library
- Unique owner/user or redevelopment opportunity to purchase a freestanding retail building located a mile west of Ring Central Coliseum, less than 5 miles from the San Francisco Bay and 18 miles west of Downtown San Francisco.
- Walgreens is currently occupying the space and will be vacating the store at the end of July 2021. This building is highly visible along International Blvd. with traffic of 26,800 VPD with drive through and gated parking lot.
- The subject property is located within a dense infill area of Oakland with ±404,036 residents in a 5-mile radius and income of ±$111,115 in a 5-mile radius.
- The store is dark and no longer in operation but will produce $2,592,000 of income over the remaining 8 years of lease term with rental income guaranteed by Walgreens with an absolute net lease and no landlord responsibilities.
- This is a freestanding building made to Walgreens specifications along highly visible Hwy- 18 and just 5 miles E of I-15. Highway 18 is the main thoroughfare through Apple Valley, part of San Bernardino County, the largest county in the contiguous United States by area.
- Just one block from Apple Valley Town Hall which includes the Civic Center Park, Apple Valley Police Department, the Apple Valley Conference Center and the San Bernardino County Library
- Unique owner/user or redevelopment opportunity to purchase a freestanding retail building located a mile west of Ring Central Coliseum, less than 5 miles from the San Francisco Bay and 18 miles west of Downtown San Francisco.
- Walgreens is currently occupying the space and will be vacating the store at the end of July 2021. This building is highly visible along International Blvd. with traffic of 26,800 VPD with drive through and gated parking lot.
- The subject property is located within a dense infill area of Oakland with ±404,036 residents in a 5-mile radius and income of ±$111,115 in a 5-mile radius.
- This Walgreens has a history of exceptional reported sales and there is limited drugstore competition as this Walgreens is one of only two standalone drugstores within a 2-mile radius.
- Located in an affluent area of Houston MSA in retail corridor surrounded by densely populated neighborhoods with ±218,673 residents and average HH income of $118,450 in a 5-mile radius.
- Lease has ±8.75 years remaining on an absolute net lease with 10 (5-year) options and no landlord responsibilities whatsoever.
- There are over 7M square feet of retail space within a 4-mile radius and a combined traffic count of 38,497 VPD and Hwy-45 located nearby with ±225,349 VPD.
- 24-hour Walgreens store and pharmacy reporting exceptional annual sales with ±13 yrs. remaining on an absolute net lease.
- Walgreens purchased the Rite Aid directly across the street and closed that store moving much of that customer base to the subject property.
- Adjacent to Atrium Health Hospital, a 157-bed full service hospital in Monroe’s main medical corridor with ±556,600 SF of medical space.
- Located at SW corner of E. Roosevelt Blvd. and S. Sutherland Ave. with a combined traffic count of ±43,798 VPD. Average HH income in a 10-mi radius is $91,375.
- This Walgreens has a history of exceptional reported sales and there is limited drugstore competition as this Walgreens is one of only two standalone drugstores within a 2-mile radius.
- Located in an affluent area of Houston MSA in retail corridor surrounded by densely populated neighborhoods with ±218,673 residents and average HH income of $118,450 in a 5-mile radius.
- Lease has ±8.75 years remaining on an absolute net lease with 10 (5-year) options and no landlord responsibilities whatsoever.
- There are over 7M square feet of retail space within a 4-mile radius and a combined traffic count of 38,497 VPD and Hwy-45 located nearby with ±225,349 VPD.
- 24-hour Walgreens store and pharmacy reporting exceptional annual sales with ±13 yrs. remaining on an absolute net lease.
- Walgreens purchased the Rite Aid directly across the street and closed that store moving much of that customer base to the subject property.
- Adjacent to Atrium Health Hospital, a 157-bed full service hospital in Monroe’s main medical corridor with ±556,600 SF of medical space.
- Located at SW corner of E. Roosevelt Blvd. and S. Sutherland Ave. with a combined traffic count of ±43,798 VPD. Average HH income in a 10-mi radius is $91,375.
- CVS has agreed to a brand new 20-year absolute net lease showing commitment to this location. The new lease allows for rental increases of 5% during the five (5-year) options.
- This is the only CVS in Winder and one of only two freestanding drugstores within a 7-mile radius. It is located across the street from Walgreens making this a strategic location for both CVS and Walgreens.
- Located 1.7 miles SW of Northeast Georgia Medical Center, a 56-bed full service hospital. Also located ±49 miles NE of downtown Atlanta, in the Atlanta MSA with over 6.5M residents.
RECENTLY SOLD PROPERTIES
CVS – St. Petersburg, FL
- Two major medical facilities within a 1.5 mile radius, St. Anthony’s Hospital and Johns Hopkins Children’s Hospital.
- Located on the West Coast of Florida along the Tampa Bay.
- This store is open 24 hours.
Walgreens – Austin, TX
- Located 15 miles NW of downtown Austin in Round Rock MSA.
- Construction is limited along Hwy. 620 due to proximity to protected wildlife corridors, parks, recreational areas, etc.
- Affluent location with average household income of $160,768 in a 5-mile radius.
Walgreens – Bradenton, FL
- One of only two drugstores in the immediate area.
- This location is open 24 hours.
- 20 year history of operations at this location and recently exercised an option showing commitment to this location.
Walgreens – Yucca Valley, CA
- Located at entry to Joshua Tree National Park and 29 Palms Marine Base.
- Sale included 4 adjoining parcels totaling ±4.75 acres.
- Located along Hwy. 62 the main thoroughfare through Yucca Valley.
Walgreens – Sandy Springs, GA
- Companies headquartered in Sandy Springs include Mercedes-Benz USA, Cox Communications and UPS.
- Located 18 miles north of downtown Atlanta and part of the Atlanta MSA with over 6.5 million residents.
- Densely populated and affluent location.
Walgreens – Baltimore, MD
- Located near Pimlico Racetrack slated for redevelopment plan including surrounding area.
- Located near Sinai Hospital, Johns Hopkins University and Johns Hopkins Hospital.
Walgreens – Odessa, TX
- Strong performing 24-hour store.
- Out-parcel to the Westgate Neighborhood Shopping Center across from Albertson’s.
- Main retail corridor location near Walmart Supercenter.
Walgreens – Manchester, GA
- Rebranded in 2018 when Walgreens assumed the lease.
- Limited drugstore competition, no other Walgreens for 17 miles.
- New lease extension with increases.
Walgreens – Broken Arrow, OK
- Located 15 miles SE of downtown Tulsa.
- Only drugstore open 24 hours in a 5-mile radius.
- Exceptional performing store near hospital.
Walgreens – Tonawanda, NY
- Located 10 miles north of downtown Buffalo.
- Near the University of Buffalo with over 30,000 students.
- Tonawanda retail district location near Degraff Memorial.
CVS – Semmes, AL
- 20 year history of operations at this location.
- Strategic location for CVS, located across from Walgreens.
- CVS agreed to lease extension with increases.
Walgreens – Depew, NY
- Located on Broadway, main thoroughfare into downtown Buffalo located 11 away.
- Walgreens extended this lease showing commitment to this location.
- Area with strong demographic profile.
Walgreens – Baltimore, MD
- Tenant exercised option showing commitment to this location.
- One mile from US Social Security Administration and Health and Human Services campus.
- Baltimore is the most populous city in Maryland.
Walgreens – Dyersburg, TN
- Buyer assumed CMBS loan.
- Located at crossroads connecting the region’s major cities.
- Across from Walmart Supercenter and adjacent to Kroger.
Walgreens – Johns Creek, GA
- Located within Technology Park including 6M square feet of retail, office and industrial space.
- CBMS loan assumed by buyer.
- Next to Emory Johns Creek Hospital.
Walgreens – Papillon, NE
- Located 16 miles southwest of Omaha.
- Near HI Health Midlands Hospital.
- Direct access to Highway 370.
Walgreens – North Owasso, OK
- On main retail corridor near Walmart, Target, Sam’s Club and Home Depot.
- Ascension St. John Medical Center is less than one mile north.
- Strategically located across the street from CVS.
Walgreens – Guthrie, OK
- CMBS loan assumed by buyer.
- Nearest drugstore is over 13 miles away.
- Directly across the street from Walmart Supercenter.
Walgreens – Newport News, VA
- Exercised first option showing commitment to this location.
- High traffic counts at intersection of ±51,000 vehicles per day.
- Medical corridor with different healthcare facilities nearby.
Walgreens – Harlingen, TX
- CMBS loan was assumed by the purchaser.
- Valley Vista Mall is one-half mile away.
- Approximately 2.9 million square feet of retail space within 1-mile radius.
Walgreens – Farmington Hills, MI
- 22 miles northwest of downtown Detroit.
- Strong demographics in a 5-mile radius with household income over $90,000 and population over 200,000.
- Detroit MSA includes approximately 3.9 million residents.
Walgreens – Dallas, GA
- Walgreens acquired Rite Aid across the street and transferred prescriptions to this location.
- CMBS loan assumption by buyer.
- Thirty-seven miles north of downtown Atlanta.
Walgreens – Duluth, GA
- Tenant exercised two consecutive options.
- Located one block from Riverbrook and Cresswell residential developments.
- Only national standalone drugstore in a two mile radius.
Walgreens – Southwest US
- Outparcel to ±175,000 square foot Grand Village Center.
- Walgreens recently exercised an option.
- Less than one mile to Banner Del E. Webb Medical Center.
CVS – Richmond, TX
- Affluent and densely populated demographic area.
- Located in Houston MSA at front entrance to Grand Mission master-planned community.
- Near Westpark Tollway at intersection with over 38,000 VPD.
Walgreens – Dripping Springs, TX
- No other national chain standalone drugstores within a 5-mile radius.
- Store has a history of strong performance.
- Located along Highway 290 in the heart of the city.
Walgreens – Amarillo, TX
- Walgreens extended lease in 2019.
- Several large healthcare facilities within 3-mile radius.
- Within retail corridor of 6.6 million square feet.
Walgreens – McDonough, GA
- Walgreens exercised another 5-year option.
- Located 28 miles southeast of Atlanta.
- Several recently built housing developments within a 2-mile radius.
Walgreens – Stone Mountain, GA
- 14 miles northeast of Downtown Atlanta.
- Adjacent to ±199,000 square feet of retail space.
- Heavily trafficked intersection with 47,430 VPD.
Walgreens – Warren, MI
- Detroit MSA location with over 3.9 million residents.
- One-mile radius household income of over $78,000.
- Five-mile radius population of over 314,000 people.
Walgreens – Pawtucket, RI
- Walgreens exercised two 5-year options.
- Store and pharmacy are open 24-hours.
- Just north of downtown Providence.
CVS – Montgomery, AL
- CVS signed a 15 year lease extension.
- One block from Montgomery General Hospital.
- Only national chain drugstore in Montgomery.
CVS – Hillsboro, IL
- Over 60+ years of operating history as grocery/pharmacy.
- Less than one mile from Hillsboro Area Hospital.
- Limited drugstore competition.
Walgreens – Alexander City, AL
- 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 – Bogalusa, LA
- 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 – Spring Hill, FL
- 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.
Walgreens – Southwest US
- 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.
Rite Aid – Bakersfield, CA
- 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 – Memphis, TN
- Located blocks from the Medical District of Memphis with four major hospitals totaling approximately 6.5 million square feet of medical space within a three mile radius.
- Located 2.5 miles outside of downtown Memphis and is part of the Memphis MSA with a population of over 1,340,000 residents.
- Across the street from a Kroger shopping center and near I-69 with traffic counts of over 124,706 VPD.
CVS – Lombard, IL
- Affluent infill location 19 mi. from downtown Chicago, avg. HH income is $112,272 and 260,961 residents in a 5-mi radius.
- Recently extended lease, total of 20 yrs. remaining before the 8 (5-year) options, NNN, 2.5% increases in the options.
- Located 1.4 mi. from Advocate Good Samaritan Hospital with 333 beds and over 3,600 doctors and staff on the signalized SEC of Roosevelt Rd. & S. Westmore Meyers Rd. with a combined traffic count of ±66,355 VPD.
Walgreens – Johnston, RI
- Walgreens is currently paying below the current market rent levels for Walgreens.
- Located just 5 miles southwest of downtown Providence, the capital city of Rhode Island.
- Walgreens purchased this location in their acquisition of Rite Aid stores.
Walgreens – Augusta, ME
- Location acquired by Walgreens in 2018 and has a successful operating history of 20+ years at this site.
- Twelve years remaining with 2 (5-year) options to extend on an absolute net lease.
- Located just 1.4 miles to the northeast of downtown Augusta across the Kennebec River with a daily traffic counts of over 25,000 vehicles per day.
Walgreens – Collinsville, IL
- Adjacent to I-55 with 47,000 VPD
- Outparcel to 53.7 Acre Collinsville Crossings Center
CVS – Westfield, IN
- Next to New Residential Developments
- 18 Miles North of Indianapolis
Walgreens – Austin, TX
- 14 Miles North of Downtown Austin
- Near St. David’s North Austin Medical Center
Walgreens – Providence Rhode Island MSA
- 24 Hour Store and Pharmacy
- 5 Miles North of Downtown Providence
Walgreens – Southwest US
- High Traffic of ±45,000 VPD
- Dense Demographics with ±365,000 Residents in 5-Mi
CVS Kingsport, TX
- Retail Corridor Hwy-11 Location
- Strategic Location Near Walgreens
Walgreens – Bradenton, FL
- Affluent Demographics
- Limited Drugstore Competition
CVS – Katy, TX
- Blocks to Interstate 10
- Houston MSA Location
Walgreens – Mobile, AL
- Near Providence Hospital
- Limited Drugstore Competition
Walgreens – Hutchinson, MD
- Near Hutchinson Health Hospital
- Half Mile from Walmart and Target Centers
CVS – Dekalb, IL
- Across from Northern Illinois University
- Just north of Chicago-Kansas City Expressway
Walgreens – Lincolnton, NC
- Near Atrium Health Hospital
- Main Retail Corridor Location
CVS – Compton, CA
- Dense Los Angeles California Location
- In-Line Location with Ample Parking and Supporting Tenants
Walgreens – Loveland, CO
- Limited Drugstore Competition
- Part of Fort Collins Metro Area
Walgreens – McDonough, GA
- In-Store Clinic Location
- Top 10 Atlanta MSA
Walgreens – Indio, CA
- Densely Populated Riverside County
- Directly Across from CVS
Walgreens – Alma, AR
- Across from Walmart Supercenter
- Blocks from I-40 and I-49
CVS – Saraland, AL
- Growing Suburb of Mobile
- Main Retail Corridor Location
Walgreens – Clarksville, MD
- Main Retail Corridor Location
- One Block From Hwy-32
CVS -Signal Mountain, TN
- On-Site Minute Clinic
- Affluent Area Demographics
Walgreens – Brentwood, CA
- 55 Miles Northeast of San Francisco
- Surrounded by Residential Developments
CVS – Rocklin, CA
- Sacramento MSA Location
- Retail Corridor Near Westfield Galleria Mall
Walgreens – Duluth, GA
- Extremely High Traffic Counts of $87,200 VPD
- Strong Infill Demographics
Walgreens – Townsend, DE
- Affluent Demographics
- Philadelphia MSA Location
CVS – El Monte, CA
- Los Angeles MSA Location
- Highly Infill Demos, ±600,000 Residents in 5-Miles
Walgreens – Gurnee, IL
- One Mile West of Six Flags Great America
- One Mile from Six Flags Great America
Walgreens – Humble, TX
- Top 5 Houston MSA Location
- Traffic Counts of over 50,000 VPD
Walgreens – Mount Airy, NC
- Direct Access to Highway 52
- Main Retail Corridor Location
CVS – Ontario, CA
- Los Angeles MSA Location
- One Block from CA State Highway 60
Walgreens – West Warwick, RI
- Providence MSA Location
- Strategically Located Across From CVS
Walgreens – Reynoldsburg, OH
- Out-Parcel to Walmart Supercenter
- Traffic Counts of Over 60,000 VPD
Walgreens – Portland MSA
- Direct Access to I-205 & Hwy. 500
- Across from 250,000 SF Retail Center
CVS – S. Williamson, KY
- Within Two Miles of Two Hospitals
- Direct Access to Highway 119
Walgreens – Anoka, MN
- Dense Minneapolis MSA
- Traffic Counts of ±50,000 VPD
CVS – Tulsa, OK
- Traffic of Over 42,000 VPD
- Across from S. Hills Country Club
Walgreens – Round Rock, TX
- Traffic Counts of ±52,000
- Main Retail Corridor
Walgreens – Lake City, GA
- Top 10 Atlanta MSA with ±5.5M Residents
- Across from ±180,000 SF Atlanta National Archives
Rite Aid – Escondido, CA
- Infill North San Diego Location
- Blocks to I-15 & Hwy-78
Walgreens – Lawton, OK
- 24-Hour Store
- Five Hospitals in 3 Miles
Walgreens – West Coast US
- Traffic Counts of ±63,000 VPD
- Near University Medical Center
Rite Aid – Yardville, NJ
- 5 Miles from Capitol City of Trenton
- Direct Access to I-195, Traffic of ±67,000 VPD
Walgreens – East Moline, IL
- Quad Cities MSA
- Favorable Demographics
CVS – Belleville, MI
- Legacy Location Since 1950’s
- Dense Detroit MSA with ±4.3M Residents
Walgreens – Crowley, TX
- Fort Worth MSA Location in Medical Corridor
- Strategically Located Across from CVS
Walgreens – Twin Falls, ID
- Store with Limited Competition
- Near College of Southern Idaho
Walgreens – Dothan, AL
- Adjacent to SE Alabama Medical Center
- Across the Street from CVS
Walgreens – Tallahassee, FL
- Across from ±747,000 SF Tallahassee Mall
- Traffic Counts of ±61,000 VPD
CVS – Woodbridge, VA
- Near Santana Lake Ridge Hospital
- Affluent Demographics
Walgreens – Winter Springs, FL
- Only 15 Miles NE of Orlando
- Across from Walmart Neighborhood Market
Walgreens – Warwick, RI
- Above Average HH Income of $87,000 in a 3-Mile Radius
- Eleven Miles to Downtown Providence
Rite Aid – Warren, OH
- Near St. Joseph Warren Hospital
- In Vicinity of 3.2M SF of Retail
Walgreens – Tampa, FL
- Infill Tampa Location
- Strategically Located Across from CVS
Walgreens – Valrico, FL
- Tampa MSA Location
- High Traffic of ±70,000 VPD
Walgreens – Suwanee, GA
- One of Only Two Drugstores in 3-Mi Radius
- Adjacent to Kroger Anchored Center
Walgreens – Sunrise, FL
- 24-Hour Store, Traffic ±42,000 VPD
- Miami Metropolitan Area Location
Walgreens – Streator, IL
- Near St. Mary’s Hospital
- Limited Drugstore Competition
CVS – Spring Hill, FL
- Densely Populated Location
- Affluent Demographics
Walgreens – St. Peters, MO
- Two Blocks From 1.1M SF Mid Rivers Mall
- St. Louis MSA Location Via I-70
CVS – Romulus, MI
- High Traffic of ±53,000 VPD
- Affluent Demographics of $100,000 in 5-Mi Radius
Walgreens – Rock Hill, SC
- Across the Street from Winthrop University
- One Mile to Piedmont Medical Center
Walgreens – Racine, WI
- Twenty-Five Miles South of Milwaukee
- West Coast of Lake Michigan Location
Walgreens – Southwest US
- Outparcel to Home Depot
- Infill Demographics with ±416,000 Residents in 5-Mi
CVS – Mount Clemens, MI
- Legacy Location Since 1970’s
- Detroit MSA Location
Walgreens – O’Fallon, MO
- St. Louis MSA Location with ±2.8M Residents
- Less Than a Mile from Interstate 70
Walgreens – Lansing, IL
- Traffic Counts of ±40,000 VPD
- Over 240,000 residents in 5-mi Radius
CVS – Orlando, FL
- 8 Miles to Downtown Orlando
- Near Florida Hospital East Orlando
Walgreens – Fort Worth, TX
- Strong Infill Location
- 1M Retail SF in 3-Mi Radius
CVS – Ossining, MA
- 24-Hour Store Blocks to Hudson River
- Thirty-Four Miles to Downtown Manhattan
Walgreens – Chicago, IL
- 24 Hour Store
- 2.5 Miles from Chicago Midway International Airport
CVS – Nashua, NH
- Main Retail Corridor Location
- Across from Target and USPS Logistics
Walgreens – Odessa, TX
- 24 Hour Store
- Limited Drugstore Competition
Walgreens – N. Providence, RI
- 4 Miles from the Captial City of Providence
- Over 375,000 Residents in a 5-Mile Area
Walgreens – Norcross, GA
- 24 Hour Store with Limited Competition
- High Traffic Count of 59,347 Vehicles Per Day
CVS – Morristown, TN
- Direct Access to Highway 66
- Near College Square Mall Shopping Center
Walgreens – Melbourne, FL
- Irreplaceable Oceanfront Location
- Main Tourist Thoroughfare with Limited Competition
Walgreens – Dayton, TX
- No Other National Chain Drugstores in 5-Mi Radius
- Greater Houston MSA Location
CVS – Manchester, NH
- Direct Access to Interstate 293
- Main Retail Corridor Near Mall of New Hampshire
Walgreens – Dallas, TX
- Just South of N. Texas VA Hospital
- Nine Miles South of Downtown Dallas
CVS – Martinez, CA
- In-Line in Center Anchored by Lucky
- One Block to Hwy 4 in Bay Area with ±79,000 VPD
Walgreens – Dallas, TX
- One Block To VA Hospital
- Across the Street from CVS
Walgreens – Corpus Christi, TX
- Three Hospitals within 2 Miles
- Adjacent to Walmart & Sam’s Club
Walgreens – Galveston, TX
- Blocks from UTMB Hospital
- Houston MSA Location
CVS – Mooresville, NC
- Adjacent to Mooresville Crossing Center
- Direct Access to Interstate 77
Walgreens – Indian Head, IL
- Dense Chicago MSA Location
- Traffic Counts of ±50,000 VPD
Rite Aid – Johnstown, NY
- Robust Retail Corridor of ±200,000 SF
- Only National Chain Drugstore in Johnstown
Walgreens – Belleview, FL
- Strategically Located Across from CVS
- Busy Intersection with ±40,000 VPD
Walgreens – Aurora, IL
- Top 10 Chicago MSA Location
- Two Blocks from Rush Copley Medical Center
Walgreens – Circle Pines, MN
- Minneapolis MSA Location
- Blocks from Interstate 35W
Walgreens – Hays, KS
- Main Retail Corridor Location
- Only National Chain Drugstore in Hays
CVS – Independence, MO
- Kansas City MSA Location
- Directly Across from Walgreens
Walgreens – Arlington, TX
- Dense Residential Area Just South of I-20
- Dallas-Ft. Worth Central Location
CVS – Hartford, CT
- Across from St. Francis Hospital
- Surrounded by Residential Neighborhoods
Walgreens – Southwest US
- Across from Banner Thunderbird Medical Center
- Seventeen Miles NW of State Capitol
CVS – Frederick, MD
- Directly Across from Walmart Supercenter
- 1/2 Mile to Hwy 15 in New Residential Development
Walgreens – Fayetteville, NC
- Strong Employment Base
- Directly Across from CVS
Walgreens – Des Moines, IA
- Located Within Retail Corridor of ±860,000 SF
- Traffic County of ±48,000 VPD
CVS – Cuyahoga Falls, OH
- Across from Western Reserve Hospital
- Three Miles to Downtown Akron
Walgreens – Columbus, OH
- Strategically Located Across from CVS
- Infill Location with ±266,000 Residents in 5-Mi Radius
Walgreens – Cleveland, TN
- Seven Miles East of Downtown Cleveland
- Main Retail Corridor Location
Walgreens – Topeka, KS
- Two Blocks from Interstate 470
- Main Retail Corridor Location
CVS – Milwaukee, IL
- Near Froedert Hospital
- Dense Infill Population of ±470,000
Walgreens – Springfield, IL
- Main Retail Corridor
- Blocks To Interstate 72
Walgreens – Indianapolis, IN
- Two Blocks from University of Indianapolis
- Dense Indianapolis MSA
CVS – Houston, TX
- 24 Hour Store
- Busy Retail Corridor
Walgreens – Midland, TX
- Across from Midland Memorial Hospital
- Traffic Count Exceeding 50,000 VPD
Walgreens – Memphis, TN
- Limited Drugstore Competition
- Solid Demographics with ±256,000 Residents in a 5-MI Radius
Walgreens – Lindenwold, NJ
- High traffic near Patco Station
- Exceptional Infill New Jersey Location
Walgreens – Chicago, IL
- Seven Miles from Downtown Chicago
- Traffic Counts of ±60,000 VPD
Walgreens – Shawnee, KS
- Affluent Demographics
- Minutes to Kansas City
CVS – Mt. Vernon, IL
- Limited Drugstore Competition
- Main Retail Corridor Location
Walgreens – Brecksville, OH
- Rare Rental Increases
- Limited Drugstore Competition
Walgreens – Fort Worth, TX
- Across from CVS
- Blocks to TX Christian University
Rite Aid – Cuba, NY
- No Drugstore Competition
- Adjacent to Interstate 84
Walgreens – Bessemer, AL
- 24-Hour Store
- Two Hospitals within 3 miles
Walgreens – Amarillo, TX
- Across from ±300,000 SF Center
- Strong Residential Demographics
CVS – Houston, TX
- Strong Reported Sales Volumes
- Shopping Center Out-Parcel
