Walgreens properties
- Under market rent with Walgreens paying $13.89 per square foot.
- Walgreens has been operating at this location since 2000 and in 2019 Walgreens restructured and extended its lease. In 2025, Walgreens renewed its next 5 year option as scheduled.
- The lease features 5% rental increases at each 5 year option period beginning in 2030.
- Located approximately 40 miles from Downtown Houston, the Houston MSA is the fifth-most populous metropolitan statistical area in the United States.
- Close proximity to Interstate 45, which connects Galveston to Houston and then to Dallas, with over 60,000 vehicles per day.
- 1.5 miles south of HCA Houston Healthcare Mainland, a 222-bed hospital.
- Absolute NNN lease with zero landlord obligations whatsoever, with 5% rental increases in the first four options.
- The property benefits from minimal drugstore competition with the next nearest Walgreens 26 miles away and the nearest CVS over 45 miles away.
- Serving as the only major hospital system in Parsons, Labette Health is a 99-bed hospital providing acute, intensive, and inpatient rehabilitation services to the six-county area.
- Located 1.5 miles from the property, Parsons Research Center is a partnership between Kansas State University and federal, state, and county governments conducting research throughout Kansas.
- Adjacent to the property, Labette Community College enrolls over 1,500 students annually.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever with six (5-year) renewal options and 10% rent increases in the first and third options.
- No other Walgreens within 13 miles and no CVS location within 26 miles.
- Located on a key north-south corridor leading to Quebec, approximately 80 miles from the Canadian border via Coburn Gore crossing.
- Close proximity to the University of Maine at Farmington, serving 1,837 students and 149 faculty and staff.
- The lease is an absolute NNN lease with zero landlord obligations whatsoever with 5% increases in the first four options.
- Morris Packaging has committed $60M to develop a 100K sq ft facility to create nearly 300 jobs. Additionally, EPC-Columbia is expanding its manufacturing operation, adding 40k sf to its existing 240k sf facility.
- Lebanon Bypass (KY 2154) is being extended from KY 55 to US 68 east of Lebanon. The extension is part of a broader plan to improve connectivity and reduce congestion in the area.
- The property serves as the only national chain drugstore in Lebanon, with the next closest Walgreens or CVS pharmacy over 18 miles away.
- Less than 1 mile away, Spring View Hospital, a 75-bed full-service facility, serves as a primary medical provider for Marion County and the surrounding central Kentucky region.
- There is more than 1.7 million square feet of industrial space within 2 miles of the property, anchored by TG Kentucky, an automotive supplier, employing over 1,100 local residents.
- Located on the signalized corner of North Trimble Road and Park Avenue West with a combined traffic count of 32,474 VPD.
- The next closest Walgreens and CVS are more than 32 miles away.
- Located near Mansfield Senior High School, which enrolls approximately 825 students.
- The City of Mansfield is executing a phased streetscape and traffic flow improvement project in the downtown area.
- 3 Mi W of the Fairfax District (527-acre industrial park 10K employees) which is anchored by Kellogg’s and General Motors Assembly Manufacturing Plants.
- Midtown Station- New Development under construction 1 Mi W that includes over 1,500 new residences, 200K square feet of commercial space, a hotel, conference center, and an innovation hub.
- The property has 4.2 million square feet of retail space and over 45 million square feet of industrial space within 4 miles.
- 2.5 miles south of the property, the BNSF Railway Argentine Yard covers 780 acres and is one of the largest and busiest rail yards in the United States. BNSF announced a $3.8 billion capital investment plan for 2025.
- This lease calls for 5% rental increases every 5 years throughout the first four option periods.
- Only freestanding Walgreens property for 5 miles, serving over 140,000 residents.
- Less than 1 mile from Acension St. Vincent Hospital (500+ beds) and 3.3 miles from Deaconess Gateway Hospital (250 beds).
- 2M SF of retail within a 1 mile radius and less than 2 miles south of Eastland Mall (1M SF).
- Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
- Labcorp patient service center operates within the building, generating additional healthcare-related foot traffic.
- Combined traffic count of approximately 25,426 VPD along South Green River Road and Washington Avenue and is less than a mile from SR 66 with 62,961 VPD.
- Evansville employers include Deaconess Health System, Berry Global Group (Fortune 500), Ascension, Old National Bank, and Toyota Motor Manufacturing Indiana.
- Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
- Top 20% location nationwide per Placer.Ai with strong reported sales.
- Located at the intersection of Riverdale Road and Winchester Road, capturing approximately 62,256 vehicles daily.
- Winchester Road provides direct connectivity to Memphis International Airport, just 8 miles from the property.
- Surrounded by major national retailers including Costco, Walmart, Sam’s Club, Home Depot, Lowe’s, Ross, Kroger, and Topgolf.
- Regional economy anchored by FedEx’s global air cargo hub and major distribution centers for Nike, Amazon, UPS, and DHL.
- Absolute NNN lease with twelve (5-year) renewal options and 5% rent increases in the first four renewal periods.
- Located 0.5 miles from Trinity Health Muskegon Hospital, a 358-bed facility.
- West Shore Plaza, a 959,000-square-foot retail center anchored by Walmart Supercenter, Lowe's, and Sam's Club, is situated approximately one mile to the east.
- Situated along Sherman Boulevard, a primary east-west corridor linking residential areas, retail centers, and medical services across the Muskegon market.
- In March of 2025 GE Aerospace announced they are planning a $70 million expansion at their site in Norton Shores.
