Midwest US

• Walgreens has exceptional annual reported sales  and a 14+ years of operating history.
• No immediate national drugstore chain competition with the next closest national chain drugstore being a CVS 91 miles west and the closest Walgreens is 98 miles east.
• District 177, a $75 Million redevelopment project located across the street including 96 apartments and ±480K SF of street-level retail space.
• Great Plains Health Hospital is located 1 mile southwest with 116 beds, 1,100 employees and 183K patients per month.
• Sustainable Beef's $325 Million facility is located 2.5 miles southeast and is opening Summer 2025 with 500K SF and projected to add 875 new jobs.
• Dense retail corridor with 1.6 million square feet of retail space in a 1-mile radius.
• Near Union Pacific's Bailey Yard, the largest railroad yard in the world with 14K rail cars per day.

We are pleased to market for sale the Walgreens property located at 102 East Philip Avenue in North Platte, Nebraska ("The Property"). Walgreens has been successfully operating at this location for 14 years and has just under 11 years of firm term remaining before the option periods on an absolute net lease with no landlord obligations whatsoever. North Platte's proximity to I-80, Hwy-30 and Hwy-83 provides advantaged access to the surrounding markets of Denver, Kansas City, Omaha and Chicago for the transportation, logistics and distribution industries.

This Property offers an investor the opportunity to purchase a high performing corporate net leased Walgreens in Nebraska. The Property benefits from limited competition as the only national chain drugstore for nearly 100 miles. The next closest CVS is 91 miles to the west and the next closest Walgreens is 98 miles to the east.

Less than one mile to the southwest is Great Plains Health Hospital, a 116-bed facility with over 1,000 employees serving Western Nebraska, Northern Colorado, and Northern Kansas. This hospital has approximately 183,000 patient encounters per month and houses western Nebraska’s only Heart Institute, Wound Healing Center and Level 2 Neonatal Intensive Care Unit.

Directly across the street from the Property is District 177, a mixed use project which sits on the site of the former Platte River Mall and is undergoing a $75 million redevelopment. The new project includes several national retailers including Ashley Homestore, TJ Maxx, Bath & Body Works, GNC and Five Below. Additionally, as part of the new construction there is a residential component which consists of 96 apartment units. With North Platte being the major population center in the area, businesses in the community have a large trade area with over 65% of sales at District 177 coming from customers who do not reside within North Platte.