Filters

244 Properties

    Current Status *

    Current Status Required
  • Ownership

  • Lease Type


  • Region

    State

    City / Metro



  • Property Type

  • Tenant Type

    Tenant Name

  • Total # Tenants


  • Lease Guarantor




loader
Join

244 Properties

Save Search

1161 Victory Blvd, Staten Island, NY , 10301
  • Size SF 13,961
  • Built/Renov2012
  • Price/SF$716
  • Lease Start02-11-2013
  • Rent/SF$36.83
  • Lease Type Abs NNN
  • Lot/AC0.72
  • Pop 5MI495,000

10,000,000

  • Cap Rate 5.14%
  • NOI $514,250
  • R. Term/Yrs 12.7
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Freeway close

  • Highway location

  • Top 100 MSA

  • Below Market Rent

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has 13+ years remaining on base period with 4 (5-year) and 1 (4-year) option to extend
  • Lease features a rental increase of 10% throughout base and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Tenant pays below market rent of $36.83 PSF
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
1645 Columbia Turnpike, Castleton-on-Hudson, NY , 12033
  • Size SF 14,564
  • Built/Renov2000
  • Price/SF$314
  • Lease Start04-01-2017
  • Rent/SF$28.30
  • Lease Type Double NN
  • Lot/AC1.95
  • Pop 5MI28,497

4,579,567

  • Cap Rate 9.00%
  • NOI $412,161
  • R. Term/Yrs 1.8
  • Guarantor Corp T + R
  • # Units 13,532
  • In location for years

  • Major thoroughfare

  • Strategically located

  • Freeway close

  • University college close

  • Top 100 MSA

  • Affluent suburb location

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has over 3 years remaining in the current term with 5 (5-year) options to extend
  • Lease features 5% rent increases in option 1 and 10% increase in remaining options
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
104 Pedro Way, Winchester, KY , 40391
  • Size SF 11,203
  • Price/SF
    $328
    $342
  • Lease Start12-08-2006
  • Rent/SF$26.88
  • Lease Type Abs NNN
  • Lot/AC1.59
  • Pop 5MI30,213
3,675,000
3,835,000
  • Cap Rate
    8.19%
     
    7.85%
  • NOI $301,125
  • R. Term/Yrs 3.5
  • Guarantor Corp T + R
  • # Units 8,896
  • PopShelf has subleased property from Walgreens (Dark) through end of 2028
  • Walgreens/PopShelf have 5+ years remaining in their current (sub)lease
  • Walgreens lease features 8 (5-year) options | Options have 10% rent increases every 10 years
  • PopShelf has no options to extend sublease ($120k in annual sublease rent to Walgreens)
  • Absolute NNN | Zero landlord responsibilities
  • Double corporate guarantee by Walgreens (NASDAQ: WBA) & Dollar General (NYSE: DG)
  • Tenant Walgreens (Dark)
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

PopShelf is an upscale Dollar General (NYSE: DG) retail concept that focuses on non-consumable categories such as seasonal and home décor, health and beauty, home cleaning supplies, and party and entertainment goods. The unique concept targets a younger suburban demographic with a wide range of items closer to the $5 range. In October 2020, Dollar General opened its first PopShelf stores in Hendersonville, TN and Clarksville, TN. As of the end of February 2023, the chain had grown to over 135 standalone PopShelf locations and 40 PopShelf sections within existing Dollar Generals. By the end of 2023, the company is expected to have closer to 300 standalone locations and targets having approximately 1,000 by the end of 2025. Dollar General Corporation is an American chain of variety stores. As of 2022, Dollar General operates more than 18,000 stores in 46 states. Dollar General has grown to become one of the most profitable stores in the rural United States. In 2022, the company had a market cap of $55.05B and a revenue of $36.29B. The company is headquartered in Goodlettsville, TN.

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has an investment grade S&P rating of BBB and a long term Moody's credit rating of Baa3. The company is headquartered in Deerfield IL.

...
1111 North High Street, Millville, NJ , 08332
  • Size SF 14,490
  • Built/Renov2003
  • Price/SF$307
  • Lease Start11-22-2003
  • Rent/SF$25.88
  • Lease Type Abs NNN
  • Lot/AC1.95
  • Pop 5MI53,716

4,450,000

  • Cap Rate 8.43%
  • NOI $375,000
  • R. Term/Yrs 3.4
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strong tenant synergy

  • Long operation history

  • Absolute NNN

  • 24 hour store

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location 2003
  • Tenant has 4+ years remaining on original 25 year term | 10 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
15066 West 151st Street, Olathe, KS , 66062
  • Size SF 14,842
  • Built/Renov2003
  • Price/SF$462
  • Lease Start04-13-2003
  • Rent/SF$28.90
  • Lease Type Abs NNN
  • Lot/AC1.88
  • Pop 5MI185,464

6,864,000

  • Cap Rate 6.25%
  • NOI $429,000
  • R. Term/Yrs 2.9
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strong tenant synergy

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • ...
  • Walgreens has been operating in this location since 2003
  • Tenant has over 4 years remaining on the current lease term with 7 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P;BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
3518 Main Highway, Bamberg, SC , 29003
  • Size SF 10,233
  • Built/Renov1995
  • Price/SF
    $78
    $113
  • Lease Start11-01-1995
  • Rent/SF$8.44
  • Lease Type Double NN
  • Lot/AC1.01
  • Pop 5MI4,966
800,000
1,152,000
  • Cap Rate
    10.80%
     
    7.50%
  • NOI $86,400
  • R. Term/Yrs 0.4
  • Guarantor Corp T + R
  • # Units 8,896
  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Highway location

  • Long operation history

  • Limited competition

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens took over this location from Rite Aid in 2018
  • Tenant has over 2 years remaining on the current lease term with 3 (5-year) options to extend
  • Lease features 5% rental increases every 5 years throughout the initial term and at the start of each option period
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
520 Broadway Avenue, Bedford, OH , 44146
  • Size SF 14,820
  • Built/Renov2006
  • Price/SF$298
  • Lease Start09-01-2022
  • Rent/SF$17.00
  • Lease Type Abs NNN
  • Lot/AC1.57
  • Pop 5MI161,554

4,420,000

  • Cap Rate 5.70%
  • NOI $251,940
  • R. Term/Yrs 10.1
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Near major nationals

  • Strategically located

  • Top 100 MSA

  • Strong demographics

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has 10+ years remaining on the current lease term with 12 (5-year) options to extend
  • Lease features 5% rental increase every 5 years and at the beginning of each option period
  • Walgreens Boots Alliance ranked 16th in Fortune 500
  • Corporate guarantee (NASDAQ: WBA)
  • Investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
1705 U.S. 1, Vero Beach, FL , 32960
  • Size SF 17,310
  • Built/Renov1996/2006
  • Price/SF
    $385
    $404
  • Lease Start01-30-2023
  • Rent/SF$20.00
  • Lease Type Abs NNN
  • Lot/AC2.57
  • Pop 5MI90,173
6,657,571
7,000,000
  • Cap Rate
    5.20%
     
    4.95%
  • NOI $346,200
  • R. Term/Yrs 12.6
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • High traffic 50M+ VPD

  • Highway close

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreen Co., recently signed a brand new 15-year lease with 12 (5-year) options to extend
  • The lease features rare 5% rental increases every 5 years throughout the initial term and at the beginning of each option period
  • Absolute NNN lease features zero landlord responsibilities
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens Co.
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
624 South Clovis Avenue, Fresno, CA , 93727
  • Size SF 14,405
  • Built/Renov2001
  • Price/SF
    $739
    $763
  • Lease Start01-31-2021
  • Rent/SF$34.71
  • Lease Type Abs NNN
  • Lot/AC1.71
  • Pop 5MI239,271
10,650,000
10,989,010
  • Cap Rate
    4.69%
     
    4.55%
  • NOI $500,000
  • R. Term/Yrs 5.6
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating at this location since 2001
  • Tenant has 7+ years remaining on its current term with 12 (5-year) options to extend
  • Lease features a 5% rental increase in the primary term and throughout option periods
  • Extremely attractive assumable debt (3.471% I/O, fixed for 9 years)
  • 5.71% initial Cash on Cash return, increasing to 6.67% at first rental increase
  • Corporate guarantee by Walgreens Boots Alliance an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
525 North Cannon Boulevard, Kannapolis, NC , 28083
  • Size SF 13,643
  • Built/Renov2012
  • Price/SF$704
  • Lease Start04-14-2022
  • Rent/SF$35.18
  • Lease Type Abs NNN
  • Lot/AC1.27
  • Pop 5MI82,318

9,600,000

  • Cap Rate 5.00%
  • NOI $480,000
  • R. Term/Yrs 11.9
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • University college close

  • Top 100 MSA

  • Population increase trend

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location since 2012
  • The tenant has 12+ years remaining on its current lease with 12 (5-year) options to extend
  • Lease features 5% rental increases every 5 years 
  • Absolute NNN lease | Zero landlord responsibilities 
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
9000 North Greenwood Avenue, Niles, IL , 60714
  • Size SF 13,513
  • Built/Renov1990
  • Price/SF
    $337
    $348
  • Lease Start06-01-2023
  • Rent/SF$20.00
  • Lease Type Abs NNN
  • Lot/AC1.10
  • Pop 5MI339,237
4,554,500
4,700,174
  • Cap Rate
    5.93%
     
    5.75%
  • NOI $270,260
  • R. Term/Yrs 12.10
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Freeway close

  • Hospital close

  • Top 100 MSA

  • Absolute NNN

  • 24 hour store

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has a 30+ year operating history at this location (24-hour store)
  • Tenant has committed to signing a brand-new 15-year lease upon sale with 12 (5-year) options to extend
  • Lease will feature 5% rental increases every 5 years throughout initial term and options
  • Extremely well-performing store with $7.2 million in sales volume
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
1203 West Fond Du Lac Street, Ripon, WI , 54971
  • Size SF 14,890
  • Built/Renov2004
  • Price/SF $290
  • Lease Start02-01-2023
  • Rent/SF$14.78
  • Lease Type Abs NNN
  • Lot/AC2.75
  • Pop 5MI11,387

4,313,725

  • Cap Rate 5.10%
  • NOI $220,000
  • R. Term/Yrs 12.6
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • In location for years

  • Highway location

  • Brand new lease

  • Long operation history

  • Low rent to sales ratio

  • Long 15+ yr lease

  • Store sales reported

  • Absolute NNN

  • Investment grade tenant

  • ...
  • Walgreens has been at this location since 2004 and has strong reported unit level sales
  • Walgreens recently signed a brand-new 15-year lease with 12 (5-year) options to extend
  • Lease will feature 5% rental increases every 5 years throughout initial term and option periods
  • Low rent compared to Walgreens national average
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
3595 Coral Way, Miami, FL , 33145
  • Size SF 16,285
  • Built/Renov2001
  • Price/SF$956
  • Lease Start03-23-2023
  • Rent/SF$43.00
  • Lease Type Abs NNN
  • Lot/AC1.66
  • Pop 5MI508,188

15,561,222

  • Cap Rate 4.50%
  • NOI $700,255
  • R. Term/Yrs 12.7
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Trophy location

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Store sales reported

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has a 20+ year operating history at this location
  • The tenant has over 15 years remaining on its current lease with 12 (5-year) options to extend
  • Lease features 5% rental escalations throughout the initial term and at each option
  • Absolute NNN lease zero landlord responsibilities
  • Phenomenal sales volume, over $11M in reported sales
  • Corporate guarantee by Walgreens Boots Alliance, Inc (NASDAQ: WBA)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
13700 East Colonial Drive, Orlando, FL , 32826
  • Size SF 16,980
  • Built/Renov2001
  • Price/SF
    $324
    $371
  • Lease Start11-01-2024
  • Rent/SF$17.81
  • Lease Type Abs NNN
  • Lot/AC2.00
  • Pop 5MI204,112
5,498,200
6,300,000
  • Cap Rate
    5.50%
     
    4.80%
  • NOI $302,400
  • R. Term/Yrs 14.4
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Income tax free state

  • Brand new lease

  • Long 15+ yr lease

  • Absolute NNN

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location since 2001
  • Walgreens has committed to signing a brand-new 15-year lease upon sale with 12 (5-year) options to extend
  • Lease will feature 5% rental increases every 5 years throughout initial term and options
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
4830 Grand Ave, Gurnee, IL , 60031
  • Size SF 15,022
  • Built/Renov2001
  • Price/SF$277
  • Lease Start12-29-2001
  • Rent/SF$17.97
  • Lease Type NN+
  • Lot/AC0.35
  • Pop 5MI168,423

4,154,000

  • Cap Rate 6.50%
  • NOI $270,000
  • R. Term/Yrs 1.5
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Freeway close

  • Highway location

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Recently extended lease

  • Favorable NN+ lease

  • Corporate Guarantee

  • ...
  • Walgreens has been operating in this location since 2001
  • There are 2 years remaining on the current lease with 7 (5-year) options to extend
  • Favorable NN+ lease | Limited landlord responsibilities
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
191 North Church Street, Homerville, GA , 31634
  • Size SF 11,325
  • Built/Renov1996
  • Price/SF
    $100
    $152
  • Lease Start02-06-1996
  • Rent/SF$11.41
  • Lease Type Double NN
  • Lot/AC1.38
  • Pop 5MI4,526
1,130,000
1,722,240
  • Cap Rate
    11.43%
     
    7.50%
  • NOI $129,168
  • R. Term/Yrs 1.1
  • Guarantor Corp T + R
  • # Units 8,896
  • In location for years

  • Near major nationals

  • Strategically located

  • Strong tenant synergy

  • Highway close

  • Long operation history

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens took over this location from Rite Aid in 2018
  • Tenant has 3+ years remaining on their primary lease with 3 (5-year) options to extend
  • Lease features 24.5% increase in the 1st renewal option (October 2026)
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
1440 Boston Road, Springfield, MA , 01129
  • Size SF 13,855
  • Built/Renov1999
  • Price/SF$217
  • Lease Start06-02-2000
  • Rent/SF$16.30
  • Lease Type Double NN
  • Lot/AC1.61
  • Pop 5MI169,208

3,011,000

  • Cap Rate 7.50%
  • NOI $225,850
  • R. Term/Yrs 34.11
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • High traffic 50M+ VPD

  • Highway location

  • Top 100 MSA

  • Long 20+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has successfully operated at this location for 20+ years
  • Tenant has 36+ years remaining on the current lease term
  • Lease features scheduled rental increases every 5 years starting in 2030
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
2404 South Perryville Road, Rockford, IL , 61108
  • Size SF 14,490
  • Built/Renov2008
  • Price/SF$563
  • Lease Start10-01-2008
  • Rent/SF$28.17
  • Lease Type Abs NNN
  • Lot/AC1.53
  • Pop 5MI98,877

8,162,600

  • Cap Rate 5.00%
  • NOI $408,130
  • R. Term/Yrs 8.2
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • High traffic 50M+ VPD

  • Freeway close

  • Affluent suburb location

  • Major MSA

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has a 15+ year operating history at this location
  • Tenant has 10 years remaining on its current lease term with 10 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • The lease is signed by the corporate entity, Walgreen Co. (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
810 Springfield Avenue, Irvington, NJ , 07111
  • Size SF 12,300
  • Built/Renov2017
  • Price/SF$406
  • Lease Start06-06-2017
  • Rent/SF$23.33
  • Lease Type Abs NNN
  • Lot/AC0.92
  • Pop 5MI845,436

4,991,304

  • Cap Rate 5.75%
  • NOI $287,000
  • R. Term/Yrs 16.11
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Strategically located

  • Hospital close

  • Top 100 MSA

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has 17+ years remaining on the current lease term with 2 (5-year) options to extend
  • The ground lease features 10% rent increases every 10 years
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WBA)
  • Walgreens is an investment grade tenant (S&P: BBB-)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
3093 Cleveland Avenue, Columbus, OH , 43224
  • Size SF 14,820
  • Built/Renov2004
  • Price/SF$297
  • Lease Start10-11-2004
  • Rent/SF$23.75
  • Lease Type Abs NNN
  • Lot/AC1.02
  • Pop 5MI355,305

4,400,000

  • Cap Rate 8.00%
  • NOI $352,000
  • R. Term/Yrs 4.3
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Highway location

  • Dense 200M+ pop 5 mi

  • Top 100 MSA

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens currently has 5+ years remaining on the current lease term with 10 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee by Walgreens Boots Alliance (NASDAQ: WBA)
  • Investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
115 Vernon Street, LaGrange, GA , 30240
  • Size SF 14,379
  • Built/Renov2006
  • Price/SF
    $236
    $246
  • Lease Start01-01-2024
  • Rent/SF$14.17
  • Lease Type Abs NNN
  • Lot/AC1.47
  • Pop 5MI39,811
3,395,000
3,542,608
  • Cap Rate
    6.00%
     
    5.75%
  • NOI $203,700
  • R. Term/Yrs 14.5
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Brand new lease

  • Long 15+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 15-year lease with 12 (5-year) options to extend
  • Lease features 5% rental increases every 5 years throughout the initial term and at the start of each option
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
5 Garland Lane, Greenville, NY , 12083
  • Size SF 9,780
  • Built/Renov2005
  • Price/SF$337
  • Lease Start05-11-2005
  • Rent/SF$22.54
  • Lease Type Abs NNN
  • Lot/AC1.09
  • Pop 5MI5,875

3,300,000

  • Cap Rate 6.68%
  • NOI $220,440
  • R. Term/Yrs 4.10
  • Guarantor Corp T + R
  • # Units 13,532
  • In location for years

  • Near major nationals

  • Highway location

  • Top 100 MSA

  • Affluent suburb location

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location since 2005
  • The tenant has 6+ years remaining on the current lease term with 6 (5-year) options to extend
  • Lease features 8% rental increases every 5 years throughout the initial term and at the start of each option period
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
701 West Houston Street, Broken Arrow, OK , 74012
  • Size SF 12,934
  • Built/Renov1993
  • Price/SF$188
  • Lease Start05-01-2024
  • Rent/SF$13.16
  • Lease Type Double NN
  • Lot/AC1.14
  • Pop 5MI156,485

2,431,042

  • Cap Rate 7.00%
  • NOI $170,173
  • R. Term/Yrs 8.9
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Dense retail corridor

  • Shopping Ctr out-parcel

  • Dense 100M+ pop 5 mi

  • Top 100 MSA

  • Recently extended lease

  • Below Market Rent

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens recently negotiated an early 10-year lease extension which will be executed upon close of escrow
  • The lease features 4 (5-year) options to extend
  • Minimal landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WBA)
  • Investment grade tenant (S&P: BBB-)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
411 West Stockton Street, Edmonton, KY , 42129
  • Size SF 2,564
  • Built/Renov2023
  • Price/SF$662
  • Lease Start02-09-2023
  • Rent/SF$42.36
  • Lease Type Abs NNN
  • Lot/AC0.70
  • Pop 5MI4,622

1,696,900

  • Cap Rate 6.40%
  • NOI $108,600
  • R. Term/Yrs 7.7
  • Guarantor Corp T + R
  • # Units 8,896
  • New construction

  • New prototype

  • Near major nationals

  • Strategically located

  • Highway location

  • Hospital close

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Brand new 2023 construction
  • Walgreens has 9+ years remaining on the current lease term with 4 (5-year) options to extend
  • Lease features 5% rental increase every 5 years throughout the initial term and at the start of each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2022, the company’s market cap was over $32B and its revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB and is headquartered in Deerfield IL.

...
11200 West Laraway Road, Frankfort, IL , 60423
  • Size SF 14,719
  • Built/Renov2003
  • Price/SF
    $294
    $315
  • Lease Start10-01-2003
  • Rent/SF$22.08
  • Lease Type Abs NNN
  • Lot/AC1.72
  • Pop 5MI80,585
4,333,333
4,642,857
  • Cap Rate
    7.50%
     
    7.00%
  • NOI $325,000
  • R. Term/Yrs 3.2
  • Guarantor Corp T + R
  • # Units 8,896
  • Signalized intersection

  • Hard corner intersection

  • In location for years

  • Strategically located

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Absolute NNN

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location since 2003
  • Tenant has 4+ years of firm term remaining with 10 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease (NASDAQ: WBA)
  • Investment grade tenant (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2022, the company’s market cap was over $32B and its revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB and is headquartered in Deerfield IL.

...
1041 West Main Street, Whitewater, WI , 53190
  • Size SF 15,123
  • Built/Renov2000
  • Price/SF$238
  • Lease Start11-21-2023
  • Rent/SF$15.00
  • Lease Type Abs NNN
  • Lot/AC1.04
  • Pop 5MI17,447

3,600,714

  • Cap Rate 6.30%
  • NOI $226,845
  • R. Term/Yrs 13.4
  • Guarantor Corp T + R
  • # Units 13,532
  • Near major nationals

  • Strategically located

  • University college close

  • Top 100 MSA

  • Brand new lease

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • Walgreens recently executed a brand-new 15-year lease with 12 (5-year) options to extend
  • Lease features 5% rental increases every 5 years throughout the initial term and at the start of each option period
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guaranteed lease
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
1111 Highland Avenue, Selma, AL , 36703
  • Size SF 14,871
  • Built/Renov2007
  • Price/SF
    $239
    $239
  • Lease Start09-01-2020
  • Rent/SF$11.96
  • Lease Type Abs NNN
  • Lot/AC2.60
  • Pop 5MI26,520
3,557,000
3,557,000
  • Cap Rate
    5.00%
     
    5.00%
  • NOI $177,840
  • R. Term/Yrs 11.1
  • Guarantor Corp T + R
  • # Units 8,896
  • In location for years

  • Dense retail corridor

  • Strategically located

  • Highway location

  • Absolute NNN

  • Long 10+ yr lease

  • Traded and rated company

  • Over 2000 units backed

  • Corporate Guarantee

  • Investment grade tenant

  • ...
  • The tenant, Walgreen Co., has approximately 13 years remaining on their current lease with 6 (5-year) options to extend
  • The lease features 5% rental increases every 5-years throughout the term
  • Tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises
  • The lease is signed by Walgreen Co. (S&P: BBB)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 8,896
  • Moody's/S&P Baa3/ BBB
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens currently operates more than 8,800 drugstores in the USA with a presence in all 50 states. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots.

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico and Ahumada in Chile. In 2022, the company’s market cap was over $32B and their revenue was $132B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa3/BBB, and is headquartered in Deerfield IL.

...
4327 Jefferson Highway, Jefferson, LA , 70121
  • Size SF 14,550
  • Built/Renov2012
  • Price/SF$490
  • Lease Start09-01-2022
  • Rent/SF$39.18
  • Lease Type Abs NNN
  • Lot/AC1.29
  • Pop 5MI316,927

7,125,000

  • Cap Rate 8.00%
  • NOI $570,000
  • R. Term/Yrs 17.2
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Long 15+ yr lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has 18+ years remaining on the current lease term with 10 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Investment grade tenant (S&P: BBB-)
  • Corporate guaranteed lease (NASDAQ: WBA)
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
2931 South Fish Hatchery Road, Fitchburg, WI , 53711
  • Size SF 13,905
  • Built/Renov1990
  • Price/SF
    $245
    $264
  • Lease Start04-01-2004
  • Rent/SF$18.50
  • Lease Type Double NN
  • Lot/AC1.73
  • Pop 5MI183,903
3,400,000
3,675,000
  • Cap Rate
    7.57%
     
    7.00%
  • NOI $257,242
  • R. Term/Yrs 14.0
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Strong demographics

  • Recently extended lease

  • Top performing store

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location for 20 years | Top performing store
  • The tenant has 14+ years remaining on the current lease term with 7 (5-year) options to extend
  • Outstanding reported sales of $4.5M+
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
2590 East Highway 50, Clermont, FL , 34711
  • Size SF 13,650
  • Built/Renov2004
  • Price/SF $400
  • Lease Start03-26-2004
  • Rent/SF$24.00
  • Lease Type Abs NNN
  • Lot/AC1.93
  • Pop 5MI99,515

5,460,000

  • Cap Rate 6.00%
  • NOI $327,600
  • R. Term/Yrs 8.8
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • High traffic 50M+ VPD

  • Dense retail corridor

  • Top 100 MSA

  • Income tax free state

  • Long operation history

  • Recently extended lease

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location for 20+ years
  • The tenant has 9+ years remaining on the current lease term with 9 (5-year) options to extend
  • The lease features 5% rental escalations throughout the initial term and option periods
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
416 Windsor Highway, Vails Gate, NY , 12584
  • Size SF 14,550
  • Built/Renov2011
  • Price/SF$629
  • Lease Start11-01-2011
  • Rent/SF$39.77
  • Lease Type Abs NNN
  • Lot/AC1.75
  • Pop 5MI80,673

9,150,000

  • Cap Rate 6.32%
  • NOI $578,609
  • R. Term/Yrs 11.3
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • In location for years

  • Dense retail corridor

  • Near major nationals

  • Top 100 MSA

  • Affluent AHHI $100K 5 Mi

  • Store sales reported

  • Long 10+ yr lease

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has 12 years remaining on the current lease term with 10 (5-year) options to extend
  • The lease features fluctuating rental increases throughout the initial term and option periods
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...
100 North Imperial Avenue, El Centro, CA , 92243
  • Size SF 14,356
  • Built/Renov2002
  • Price/SF $305
  • Lease Start11-15-2002
  • Rent/SF$25.15
  • Lease Type Abs NNN
  • Lot/AC1.19
  • Pop 5MI74,620

4,126,000

  • Cap Rate 8.75%
  • NOI $361,000
  • R. Term/Yrs 5.4
  • Guarantor Corp T + R
  • # Units 13,532
  • Signalized intersection

  • Hard corner intersection

  • Dense retail corridor

  • Near major nationals

  • Strategically located

  • Freeway close

  • Long operation history

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

  • ...
  • Walgreens has been operating in this location since 2002
  • The tenant has 6 years remaining on the current lease term with 10 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant
  • Tenant Walgreens
  • Guarantor Corp T and Rated
  • #Units 13,532
  • Moody's/S&P Baa2/ BBB-
  • Stock NASDAQ: WBA

Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens was founded by Charles R. Walgreen in Chicago, IL in 1901 at which time their stores were connected to local groceries. In 2009 Walgreens changed their layouts to be freestanding corner stores, with the entrance on the street with the most traffic flow, with many stores featuring a drive-through pharmacy. In 2014 Walgreens became a subsidiary of holding company Walgreens Boots Alliance when it merged with Switzerland-based Alliance Boots. As of December 2023, Walgreens operates approximately 13,500 locations across the U.S., Europe, and Latin America, with over 8,600 retail pharmacies located in the U.S..

 

Walgreens Boots Alliance, Inc., (NASDAQ: WBA) is a British-American holding company that owns the retail pharmacy chains Walgreens in the US and Boots in the UK, as well as several pharmaceutical manufacturing and distribution companies. WBA employs more than 325,000 people and has a presence through its portfolio of consumer brands: Walgreens, Boots, Duane Reade, the No7 Beauty Company, Benavides in Mexico, and Ahumada in Chile. In 2023, the company’s market cap was over $22.51B and its revenue was $142.40B. Walgreens Boots Alliance, Inc., has a credit rating of Moody's/S&P Baa2/BBB- and is headquartered in Deerfield IL.

...

Trusted 3rd Party Services

Broker of Record

Surveying(ALTA)

1031 Exchange / Accommodators

Environmental / Engineering

Property Insurance

Title Insurance

GET IN TOUCH

Get NNN Listings, News
& Insights in Your Inbox