Sand Springs, OK

• Walgreens recently added 10 years of lease term after exercising two of its options early and now has 9 (5 year) options to follow.
• Just 9.7 miles southwest of Downtown Tulsa, a metropolitan area with a population of over 1,000,000 people.
• Busy signalized intersection directly on Hwy. 97 which is the main north/south thoroughfare through Sand Springs with a combined traffic count of nearly 28,000 vehicles per day.
• Tenant is responsible for all building/occupying expenses and there are no landlord responsibilities whatsoever.
• Just two miles west of Tulsa Community College West Campus which enrolls ±20,000 across 4 Tulsa campuses.

Pharma Property Group is pleased to market for sale the Walgreens property located 4016 South Highway 97, Sand Springs, OK ("The Property"). This is a unique opportunity to purchase a Walgreens under $2,000,000. Walgreens has been successfully operating at this location for 12 years and has recently exercised two options early pushing the firm term to 10 years before the next option period on an absolute net lease with no landlord obligations whatsoever.

The Property is located directly on Highway 97 which is the main north/south thoroughfare through Sand Springs on an intersection with a combined traffic count of nearly 28,000 vehicles per day. This is the only national chain drugstore in Sand Springs south of the Arkansas River. Two miles west of the Property is Tulsa Community College which enrolls ±20,000 students across four Tulsa campuses. Also nearby is the Keystone Ancient Forest, a 1,360-acre park with more than 12 miles of hiking trails and over 7,000,000 annual visitors.

Sand Springs is located in the Tulsa Metropolitan Statistical Area with a population of over 1,000,000. The region is home to multiple Fortune 500 companies including ONEOK and The Williams Company, Inc. Additionally, QuickTrip, ranked among Forbes' largest private companies, is headquarted in Tulsa. Other major employers in Tulsa are the Saint Francis Health system (9,000+ employees), Tulsa Public Schools (5,000+ educators and staff), and Webco Industries (1,400+ employees).