Walgreens and CVS for Sale

 

Walgreens for Sale

Belleview, FL

$ 3,028,000

8.00 CAP


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  • Walgreens is currently paying $16.02/psf, which is in line with current market retail rents of $16-18/psf.
  • Open until midnight, capturing extended‑hour foot traffic which contributes to its ranking as the 3rd most‑visited national drugstore chain within a 10‑mile radius (316K annual visits per Placer.aI).
  • In 2025, Walgreens waived its 2028 and 2033 termination options, extending the lease expiration to August 31, 2038.
  • Rapid residential expansion with 1,900+ new homes planned or underway within 3 miles, supported by ~4.5% annual population growth since 2020—outpacing Ocala—and driven by proximity to The Villages (20 minutes south), a master‑planned retirement community with 140K residents.
  • Located 2.5 SE of the property, a proposal for a major big‑box retailer, a gas station, and roughly 22,500 square feet of additional retail and restaurant space is underway. The development will create 400 jobs.

CVS for Sale

Tulsa, OK

$ 5,230,288

6.25 CAP


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  • The property qualifies for accelerated depreciation due to it being a Qualified Indian Reservation Property (QIRP).
  • This CVS lease has over 14 years of guaranteed lease term before the tenant's next option to renew.
  • The current lease runs through January 31, 2041 with no landlord responsibilities whatsoever.
  • Less that 2 miles from Oral Roberts University, a 4-year university with over 7,000 students.
  • Approximately 204,210 residents within a 5-mile radius with the average household income ±$94K.
  • This CVS is located directly across the street from Southern Hills Country Club, a privately owned golf course that has hosted 17 major championships including the 2022 PGA Championship.
  • Located less than 0.5 mile from The Villages at Southern Hills, a senior‑living and skilled‑nursing community.

Walgreens for Sale

Dallas, TX

$ 4,400,000

7.50 CAP


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  • The average household income is $108,000 within 3 miles of the property.
  • Walgreens exercised their first 5-Year option in 2021, showing their long-term commitment to the location.
  • Walgreens operates under an NNN lease with zero landlord responsibilities.
  • Located less than 8 miles from Downtown Dallas, the property has 116,000 residents within a 3-mile radius.
  • There are over 36 million square feet of industrial space within 3 miles, supported by the Miller Business Park and the Shiloh Industrial Area, making this area a vital trade area for the Dallas market.
  • Walgreens has a 24+ year operating history at this location.
  • Located with frontage on East Northwest Highway, the property has a traffic count of 35,000 VPD.  The property is located less than a mile from I-635 with traffic counts of 165,000 VPD.

CVS for Sale

Mauldin, SC

$ 2,620,000

7.65 CAP


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  • This CVS includes a MinuteClinic, one of approximately 800+ locations within CVS’s 9,000+ store network.
  • CVS has operated at this location since 1997 and has demonstrated a consistent history of lease renewals, having exercised all three renewal options, underscoring its long-term commitment to the site.
  • Mauldin has experienced approximately 1.9% annual population growth and is projected to grow at ~1.6% annually within the 1-, 3-, and 5-mile trade areas.
  • The subject property is located approximately 10 miles from downtown Greenville, with direct access via Interstate 385, a primary corridor serving the Upstate region.
  • The property is situated within a dense residential trade area, with over 52,000 residents and average household incomes of $111,919 within a 3-mile radius. The store serves approximately 3,500 households within a 1-mile radius.

Walgreens for Sale

Shawnee, KS

$ 3,917,647

8.50 CAP


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  • Walgreens operates on an absolute net lease with no landlord responsibilities whatsoever.
  • In January 2026, the City of Shawnee approved renovations to the Westbrooke Green Shopping Center, which the property is an outparcel to. The anchor tenant has been signed and opened July 2026.
  • Adjacent to 'The Chadwick', a recently constructed multifamily complex bringing 345 units to the market at a 96% occupancy rate.
  • 1.5 miles east of the property, Advent Health Shawnee Mission is a 504-bed hospital complex that underwent a $35 million expansion in 2017.
  • Located less than one mile south, the Pine Ridge Business Park is a 232-acre campus that has over 5.9 million square feet of industrial and manufacturing space.
  • Situated 13 miles from downtown Kansas City, the property has over 213,000 residents within 5 miles, supporting an average household income of $105,506.

Walgreens for Sale

Hickory, NC

$ 5,075,000

9.00 CAP


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  • Walgreens signed a new 15-year lease in 2021 with 5% increases every 5 years, showing their commitment to the long term viability of the location.
  • Located less than 3 miles from Lenoir-Rhyne University (2,230 Students | 127 Faculty).
  • Hamptons of Hickory, a 340 home housing project and Walnut Reserve are currently under construction and are located within 3 miles from the property.
  • Frontage on Springs Road NE (31.5K VPD) and 24th Street NE (14.5K VPD).
  • Located within one-hour of Downtown Charlotte via US‑321/I‑40, giving residents and employers direct access to a major metro.

Walgreens for Sale

Covington, GA

$ 6,630,000

7.50 CAP


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  • According to Placer.ai, this location ranks in the top 7% of Walgreens stores in Georgia and is in the 20% nationwide with over 391,000 annual customer visits.
  • Walgreens reports above‑average sales at this location, reinforcing its position as a top‑producing, high‑traffic store within the trade area.
  • Constructed in 2012, the store was designated as a Walgreens ‘Well Experience’ location, incorporating an improved floor plan, an upgraded pharmacy model, and expanded product offerings.
  • The property is located approximately 36 miles east of Downtown Atlanta and situated along Interstate 20 (63.4K VPD), a major corridor that feeds directly into the city.
  • Close proximity to General Mills (400 Employees), Becton Dickinson (700 Employees), Pactiv Evergreen (370 Employees) with ±24.9 million square feet of industrial space in the area.
  • Located less than one mile from Piedmont Newton, a 107 bed hospital supported by more than 475 physicians and 650 employees.

CVS for Sale

Naples, FL (Davis Blvd.)

$ 7,499,816

6.00 CAP


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  • The intersection of Davis Boulevard and Santa Barbara Boulevard is undergoing significant commercial expansion with proposed developments including Wawa, McDonald’s, AutoZone, and Whole Foods in the immediate surrounding area, further strengthening the long-term retail fundamentals of the corridor.
  • CVS occupies a highly visible signalized hard corner with combined traffic counts exceeding 54,000 vehicles per day.
  • The immediate 3-mile trade area has experienced nearly 15% population growth over the past five years and is projected to continue growing at an estimated annual rate of approximately 1.8% through 2030.
  • The property serves an affluent and expanding customer base with average household incomes exceeding $96,000 within a 3-mile radius and more than 66,000 residents in the immediate trade area.
  • Numerous multifamily and residential developments have recently been completed or are currently under construction surrounding the property, adding hundreds of new housing units to the immediate area.

CVS for Sale

Richardson, TX

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  • Second largest employment center in Dallas-Fort Worth with more than 5,000 businesses including State Farm, Raytheon and Texas Instruments.
  • Near Richardson Square, a 516,100 SF center anchored by Super Target, Lowe's and Ross, undergoing an up to $20 million mixed-use redevelopment.
  • Signalized corner of Belt Line Road and Jupiter Road with a combined 63,293 vehicles per day.
  • 366,693 residents within five miles. Average household income of $111,628 within one mile.

CVS for Sale

Charlotte, NC

$ 2,885,457

7.00 CAP


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  • Buyer benefits from higher in-place rent through January 31, 2030; See OM for Details.
  • CVS recently extended the lease an additional 10 years showing commitment to this location.
  • CVS closed a nearby store (3.9 Mi S) and transferred prescriptions to this location adding to customer base.
  • Monroe Road is one of the major thoroughfares heading south from Charlotte towards Matthews and connects commuters heading into Downtown Charlotte.
  • Infill Charlotte area demographics include 3110,306 residents with an average household income of $117,381 within a 5-mile radius.
  • Signalized corner with heavy combined traffic count on N Sharon Amity and Monroe Road of over 43,000 vehicles per day.

CVS for Sale

League City, TX

$ 3,518,888

6.75 CAP


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  • Open until 12 AM, the store generates over $23 million in annual sales and ranks in the top 20% of CVS locations in Texas by customer visits (Placer.ai).
  • CVS is paying replaceable market rents at this location.
  • The average household income within one mile is $135,373, and League City’s population grew 36.9% from 83,560 in 2010 to 114,392 in 2020.
  • Only CVS west of Interstate 45; primary provider for households on the west side of League City.
  • Commercial development is anchored by the Highway 96 & 146 mixed-use project (70,000 SF retail and 220,000 SF warehouse/flex) and Grand Oak Village, a 16-acre retail project

Walgreens for Sale

Florence, KY

$ 3,050,000

10.00 CAP


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  • Located approximately 12 miles south of downtown Cincinnati within the Cincinnati MSA, providing access to a large employment base.
  • Located approximately 1.2 miles from St. Elizabeth Florence Hospital, a 180-bed regional medical campus providing emergency, outpatient, and pediatric services including the Children’s Pavilion, supporting consistent pharmacy utilization.
  • Positioned along US-25 with connectivity to Interstate 71/75 and within close proximity to Cincinnati/Northern Kentucky International Airport, a major regional logistics and passenger hub.
  • Located approximately 1.5 to 2 miles from a primary Northern Kentucky retail corridor along Mall Road and Houston Road, anchored by Walmart, Target, The Home Depot, Meijer, Sam’s Club, Lowe’s, Kohl’s, ALDI, and Gabe’s.
  • Walgreens operated on an absolute net lease with no landlord responsibilities whatsoever.

CVS for Sale

Summerville, GA

$ 4,092,307

6.50 CAP


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  • CVS guarantees the rental income which has 5% increases in the options and does not include a rent holiday.
  • In 2019, CVS agreed to extend the lease to a 20 year firm term showing their commitment to the location.
  • This property is located in the heart of Summerville and benefits from limited drugstore competition with no other CVS or Walgreens for over 14 Miles.
  • Located just a 5-minute drive to the northeast is Atrium Health Floyd Chattooga, which serves as the primary healthcare facility for Summerville and the surrounding communities.

Walgreens for Sale

Leavenworth, KS

$ 4,236,944

9.00 CAP


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  • Walgreens operates on an absolute net lease with no landlord responsibilities whatsoever.
  • The property benefits from limited drugstore competition, with the next nearest Walgreens store being a 25-minute drive across the state line, over 8.5 miles away.
  • Located across the street from a CVS store and is the last Walgreens leaving Kansas City to the north for over 36 miles and the last Walgreens west of the Missouri River for 132 miles.
  • The property is located less than a half mile from Saint John Hospital and Dwight D. Eisenhower VA Medical Center, serving as the closest Walgreens location.
  • Situated 4 miles to the north, Fort Leavenworth is the second oldest active U.S. Army post west of Washington D.C., spanning 5,600 acres and home to the United States Army Combined Arms Center.
  • Less than a quarter of a mile south, the University of Saint Mary offers more than 30 undergraduate and master's programs.

 

Walgreens for Sale

Memphis, TN

$ 3,241,350

8.00 CAP


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  • Walgreens will be paying $16.80/sf in rent after the next increase, which is in line with the local retail market of $16-18/sf.
  • A nearby Walgreens located 2.3 miles away is scheduled to close on July 21, 2026, with prescription counts being transferred to this location.
  • According to Placer.AI, the property ranks in the top 25% of Walgreens nationwide.
  • The property is located a half mile from the University of Memphis main campus, with over 24,000 full-time students and faculty.
  • The property has 8.5 million square feet of existing retail space within a 3-mile radius.
  • Located 5.5 miles from Downtown Memphis, the property has 101,000 households within 5 miles, with a population exceeding 245,000.

Vacant Walgreens for Sale

Macon, GA (Gray Hwy.)

$ 2,250,000

15.78 CAP


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  • Walgreens will continue paying rent through October 31 of 2027 ($502,917 Remaining Rent).
  • Up to 80% LTV allows purchaser to possibly put down approximately $500K, lender does not require new third-party reports. Contact broker for details.
  • Walgreens is responsible for all building and property expenses.
  • Situated at the intersection of Gray Highway and Shurling Drive with combined traffic counts of 60,900 VPD.
  • With construction slated to begin Summer of 2026, the new Macon arena will replace the current Macon Coliseum and will be designed to host events such as tradeshows, concerts, and conferences.

Vacant Walgreens for Sale

Macon, GA (Mercer University Dr.)

$ 2,350,000

16.03 CAP


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  • Walgreens will continue paying rent through March 31 of 2028 ($690,690 Remaining Rent).
  • Up to 80% loan-to-value allows a purchaser to possibly put down approximately $550,000 for the acquisition.  Lender does not require new third-party reports, minimizing acquisition costs.   Contact broker for further loan terms and interest rates.
  • Walgreens is responsible for all building and property expenses.
  • Completed in 2024, the 12,000 seat Atrium Health Amphitheater drew in more than 100,000 visitors in its first full year and generated an estimated $20 million in local spending.
  • In February 2026, GLPI obtained a $20M, 10‑year option to acquire the former JCPenney site at Macon Mall for a potential casino project, with plans to invest up to $2.5M in demolition and site preparation during the initial five‑year term.

Vacant CVS for Sale

Danville, IL

$ 2,806,392

13.00 CAP


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  • ±13,225 SF freestanding building on a 1.99-acre parcel; built in 2010 and maintained by CVS under an absolute NNN lease structure.
  • Over $2.1 million in remaining rent from CVS before the free rent period.
  • Opportunity to allow investors to collect guaranteed income while evaluating re-tenanting, redevelopment, or repositioning strategies.
  • Positioned along East Main Street (IL-1), a primary arterial corridor in Danville, offering excellent visibility, access, and consistent regional traffic flow.

Walgreens for Sale

Crawfordsville, IN

$ 4,166,666

9.00 CAP


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  • The lease is on an absolute net basis with 3.75 years of primary lease term remaining, ten (5-year) options and no landlord responsibilities whatsoever.
  • This Walgreens is located directly across the street from CVS, making this a strategic location for both CVS and Walgreens. These are the only two national brand drugstores in Crawfordsville.
  • The property is located in the heart of Crawfordsville at the main intersecting roads in the city, North Washington Street and West Market Street with a combined traffic count of approximately 30,000 vehicles per day.
  • Two miles south of Franciscan Health Crawfordsville (103 beds) and Wellbrooke Senior Living.

Walgreens for Sale

Springfield, OH

$ 2,916,666

12.00 CAP


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  • 0.5 miles from 234-bed Mercy Health Springfield Regional Medical Center.
  • Within 2 miles of Wittenberg University (1,254 students) and Springfield High School (1,602 students).
  • Fountain Village, a 16-acre housing development which includes 54 single-family homes, and 109 townhomes.
  • Located at North Limestone St (±19K VPD) & (±12K VPD) McCreight Ave, a key north–south arterial with direct connectivity to I-70, Springfield’s main interstate access.
  • Springfield employment grew 2.3% (Feb 2020–Mar 2024), led by major employers Mercy Health (4,060), Navistar (4,556), and Clark State College.
  • Springfield GDP up 6.1% YoY with growth in healthcare, advanced manufacturing, and air mobility.

CVS for Sale

Midwest US

$ 3,267,782

6.63 CAP


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  • This CVS lease has over 13 years of firm term before the next option with no rent holiday.
  • This is only the CVS location for over 23 miles.
  • Less than 2 miles from the Mayo Clinic Health System - Red Cedar, which serves residents of Menomonie and surrounding cities like Eau Claire, Barron, Chippewa Falls and more.
  • Located less than 0.5 mile from the University of Wisconsin-Stout, a public university with approximately 7,000 students.
  • Estover Terrace, a 13 building community consisting of 136 multi-family units, was recently completed and is located less than 2 miles from the subject property.

Walgreens for Sale

Joplin, MO

$ 1,900,000

8.68 CAP


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  • Walgreens is paying $12.22/SF which is significantly lower than the national average.
  • Walgreens signed a 10-year lease extension in 2019 demonstrating their long-term commitment to the site.
  • Located 2 miles East, Prospect Village is a new $375 million mixed-use project featuring retail, multi-family, hospitality, and sports complexes which will support the growth of the area.
  • Freeman Hospital West (339 Beds), Freeman Hospital East (72 Beds), Landmark Hospital (28 Beds) and Mercy Hospital Joplin (191 Beds) are all located in a 3 Mile Radius of the Property.
  • Located on the intersection of South Main Street and East 20th Street with over 27,000 VPD.

CVS for Sale

Lake Placid, FL

$ 2,619,287

8.00 CAP


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  • The lease allows for fixed rent increases every five years in the option periods.
  • Located along Lake Placid's main commercial corridor, the property is situated at the corner of US Route 27 and East Interlake Boulevard, with a combined average daily traffic count of 27,900 VPD.
  • The closest CVS is located approximately 13 miles away.
  • Located 2 miles away, Amazon is building a brand new, 75,000 square foot delivery station, expected to be operating in the Fall of 2025.
  • CVS has been operating out of this location for over 26 years and are currently in their 2nd Option with 2 (5-Year) option periods remaining.

RECENTLY SOLD PROPERTIES

 

Walgreens

Mountain West US

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  • Average household income of $117,577 within a 1-mile radius and a population of over 94,000 within 5 miles.
  • One of only two CHIPS Zones in the state, providing refundable tax credits for semiconductor-related businesses and reinforcing the area’s economic foundation.
  • Surrounded by major employers including Seagate, AMD, Micron, and over 40 tech, aerospace, and hardware companies.

Walgreens

Branford, CT

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  • In a 1 and 3-mile radius average household incomes are approximately $100,000 per household.
  • Located near I-95 Exit 53 and Shore Line East commuter rail station.
  • Coastal zoning and built-out conditions restrict new commercial development.
  • West Main Street maintains historically low vacancy and strong tenant retention.

Walgreens

Ledgewood, NJ

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  • In a 1, 3 and 5-mile radius average household incomes range from $120,000 to $130,000 per household.
  • Situated at the crossroads of US-46 and NJ-10, the property benefits from its close proximity to the Christopher Columbus Highway interchange (I-80), with over 114,000 vehicles per day.
  • The lease is an absolute NNN lease with zero landlord obligations whatsoever.

Walgreens

Appleton, WI

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  • Less than 1 mile of ThedaCare Regional Medical Center which is the region's largest employer (7,000+ employees, 172 beds).
  • Dense retail and industrial trade area with 6.2 million square feet of retail space and 8.3 million square feet of industrial space in a 3-mile radius.
  • Located directly across the street from Edenbrook Nursing Home (150 beds) and 0.7 miles from Rennes Health and Rehabilitation Center (88 beds).

Walgreens

Dearborn, MI

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  • The lease is an absolute NNN lease with zero landlord obligations whatsoever and has 5% rental increases every 5 years throughout the first four option periods.
  • 154,000 residents, and 51,000 households within a 3-mile radius of the property.
  • Located on the signalized hard-corner of Schaefer Rd and Warren Ave, (46K total VPD). Close proximity to the I-94 connecting Dearborn to Detroit with over 131K vehicles per day.

Walgreens

Lithia Springs, GA

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  • Frontage on Thornton Road (47,300 VPD) and Maxham Road (32,400 VPD).
  • Close proximity to Amazon ATL8, Lineage Logistics, GXO Logistics, and Medline distribution centers, with ±24.9 million square feet of industrial space in the area.
  • Douglas County is part of Amazon Web Services’ $11 billion investment in Georgia’s cloud and data center infrastructure.
  • Thornton Road/State Route 6 serves as the main retail corridor in this market with a strong mix of complimentary national and regional tenants surrounding the subject property.

Walgreens

Springfield, NJ

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  • Walgreens operates under an NNN lease with zero landlord responsibilities.
  • Lease extends through July 31, 2038, providing 12 years and 6 months of remaining income.
  • Situated at the intersection of Morris Ave. and Springfield Ave., a primary commuter and retail corridor with an average daily traffic count of ±38,100 vehicles combined.
  • Northern New Jersey infill market with significant surrounding population base, including ±131,000 residents within a 3-mile radius.

Walgreens

Jacksonville, FL

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  • Located in Jacksonville’s San Marco submarket, which maintains a 3.5% retail vacancy rate—nearly one percentage point below the national average of 4.3%.
  • Frontage on University Boulevard (28.5 VPD)  and St. Augustine Road (16.3K VPD), positioned under one mile from the I‑95 (171K VPD) ingress/egress—a primary corridor into Downtown Jacksonville.
  • Property is located directly across the street from CVS, making this a strategic location for both CVS and Walgreens.

Walgreens

Patchogue, NY

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  • Average household income of over $134,000 within a 3-mile radius.
  • Located 1 mile north of the property, St. Joseph's University - Long Island (3,000 students on 32-acre campus).
  • Located 2.5 miles from the property, NYU Langone Hospital - Suffolk is a 306-bed medical center, home to the Knapp Cardiac Care Center—an advanced heart disease diagnostic and treatment facility.
  • Long Island, comprised of Suffolk and Nassau counties, has a population of 8.06 million, comprising over one-third of New York State's entire population.

Walgreens

Mount Pleasant, MI

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  • The lease is an absolute NNN lease with zero landlord obligations whatsoever.
  • Located 1 mile south of the property, Central Michigan University has over 15,000 full-time students and is one of the major employers in Mt. Pleasant.
  • Less than 1 mile from the property, McLaren Central Michigan is a 118-bed acute care, CMS 5-Star rated hospital that serves Mount Pleasant, Isabella County, and central Michigan.

Walgreens

Dubuque, IA

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  • There are 2 other Walgreens locations that are situated west of Dubuque's downtown area. This location serves Eastern Dubuque with the next closest Walgreens being approximately 18 miles away to the east.
  • MercyOne Dubuque Medical Center (263 Beds - 1,500 Employees) and UnityPoint Health-Finley Hospital (126 Beds - 940 Employees) are both located within a 2-mile radius from the Walgreens location.
  • Located approximately 1.5 miles east, Schmidt Island has already begun development on a seven-story 90-room hotel, an outdoor concert amphitheater, and a PinSeekers (a hybrid-golf entertainment facility). All three amenities are expected to open by the end of 2026.

Walgreens

Jefferson City, TN

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  • Located two miles east of Jefferson Memorial Hospital.
  • Oshkosh Corporation, a Fortune 500 company, has a 500,000 square foot facility in Jefferson City and employs approximately 300 employees.
  • Walgreens benefits from being located in a 964,000 SF retail corridor with nearby national tenants such as Tractor Supply Co., CVS, Walmart Supercenter, Lowes, Dollar General, O'Reilly, Advance Auto Parts, and Food City.
  • Cherokee Reservoir is located 2.5 miles to the north and attracts 1 to 2 million visitors annually.

Walgreens

Fayetteville, NC

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  • Major employers include Fort Liberty (63,000), Cape Fear Valley Health System (7,100), and Cumberland County Schools (5,800).
  • Within 5 miles of Methodist University (1,910 students), Fayetteville State University (6,700 students; 500+ faculty), and Fayetteville Technical Community College (28,000 students).
  • Located on Ramsey Street (U.S. 401), a primary north–south arterial with ±58,600 vehicles per day and direct access to I-295/I-95.

Walgreens

South Sioux City, NE

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  • This is the only Walgreens property on the southwest side of the Missouri River, and the nearest freestanding CVS store is over 70 miles away.
  • The average household income within a 1-mile and 5-mile radius is approximately ±$75,000.
  • Northeast Community College - South Sioux City Campus, less than 1 mile away, enrolls over 5,500 students in full or part-time classes.

Walgreens

Kalamazoo, MI

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  • Close proximity to WMU which consists of 22,500 students and employs 803 faculty as well as Kalamazoo College with 1,378 students.
  • The Kalamazoo area serves as headquarters for Fortune 500 companies Stryker & Zoetis, with over ±1.2 million square feet in office/warehouse space.
  • Located less than two miles from the subject property, Bronson Methodist Hospital consists of 434 beds and operates on a 28-acre campus.

Walgreens

Memphis, TN

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  • Located at the intersection of Riverdale Road and Winchester Road, capturing approximately 62,256 vehicles daily.
  • 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.

Walgreens

Elkhart, IN

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  • Within a 5 mile and 10 mile radius there is approximately 75,000 residents and 175,000 residents respectively.  Average household incomes range from $70,000 to $80,000 in a 5 mile radius.
  • There are a total of 29 hotels within a 1-mile radius of the property (2,056 rooms) including Garden Inn (145 rooms), Baymont Inn & Suites (123 rooms), and Daylite Inn (120 rooms).
  • Located along Elkhart’s main commercial corridor with 24,246 vehicles per day, surrounded by national retailers including Walmart, Meijer, Lowe’s and Menards.

Walgreens

Little Rock, AR

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  • In the past 5 years, 691 multi-family units, including the 331-unit 'Fitzroy Promenade', have been built in the immediate 2- mile radius. In addition, the 34-acre 'Crossroads at Chenal' mixed-use development is set to be completed this year.
  • There is 2.7 million square feet of retail space in a 2-mile radius. Located 1 mile north of the subject property is the Promenade at Chenal, a 306,000 sf open-air lifestyle center which is home to popular retailers such as Apple, Lululemon, DSW, and Homegoods.
  • Subject property is located in a dense affluent area with average household income of over $121,000 and a population of more than 45,000 residents in a 3-mile radius.

Walgreens

Houston, TX

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  • Highly visible and trafficked signalized corner with a combined traffic count of ±74,416 vehicles per day.
  • There are ±37 multi-housing complexes with over 11,500 units and 15 hotels with over 1,200 rooms all within a 1-mile radius.
  • Located within Westchase Business District which is home to large corporations such as Honeywell, Chevron, Dow Chemical and Phillips 66 with ±16M square feet of office space within a 4-mile radius.

Walgreens

Leland, NC

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  • New developments within 2 miles include Evolve at Waterford, Exchange at Westgate, Brunswick Forest and Inspire at Brunswick Forest totaling 1,178 units.
  • 1 million square feet of retail space in the immediate 1-mile radius anchored by Aldi, Harris Teeter and Walmart Supercenter.
  • Located on a signalized corner with frontage on Ocean Highway E (56,000 VPD) and with direct access to Andrew Jackson Highway NE (71,000 VPD).

Walgreens

Affton, MO

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  • There are over 264,000 residents within 5 miles, supporting an average household income of $94,000.
  • Walgreens hours of operation for this location are from 8 A.M. until 12 A.M.
  • Walgreens is on an absolute net lease with no landlord responsibilities whatsoever.

Walgreens

Purcell, OK

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  • This is the only Walgreens or CVS for over 13 Miles.
  • Purcell Municipal Hospital, a brand new $18 million state-of-the-art facility opened in 2022.
  • The 5-mile population has grown over 10% over the past four years and is projected to continue expanding at over 3% through 2029.

Walgreens

Lima, OH

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  • According to Placer.AI, this location is rated #1 in customer visits of Walgreens stores in a 50-mile radius.
  • One of only two Walgreens serving over 101,000 residents.
  • Located 1.5 miles from Mercy Health-St. Ritas Medical Center with 3,000 employees.

Walgreens

San Pablo, CA

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  • Within a 5-mile radius, the population consists of 224,973 residents with an average household income of $110,554.
  • Located at the signalized corner of San Pablo Avenue and Richmond Parkway with a combined traffic count of ±46,000.

Walgreens

Oxford, PA

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  • This Walgreens benefits from limited competition with no other Walgreens for over 11 miles, and no competing CVS for over 2 Miles.
  • Property is located within the Philadelphia-Camden-Wilmington Metropolitan Statistical Area, the 8th largest MSA in the United States with a population of over 6.2 million people.
  • The average household income within a 1-mile radius is $107,926, within a 3-mile radius it is $104,930 and within a 5-mile radius it is $112,191

Walgreens

Raleigh NC

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  • Within a 5-mile radius, the household income is $117,632 with a population of 128,470 residents.
  • More than 1 million square feet of medical space in a 5-mile radius including WakeMed Hospital (61 beds) located 3.6 miles southwest and UNC Rex Healthcare Surgery Center (outpatient) just 1.3 miles northeast.
  • Over 2,000 apartment units within a 1-mile radius including two blocks from an independent senior living complex with 121 units.

Walgreens

Laurinburg, NC

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  • Only national brand drugstore in a 15-mile radius.
  • Located less than 2 miles away, Scotland Memorial Hospital.
  • Located on US Highway 401 S (15,500 VPD) and directly off the ingress/egress of US Highway 74 (22,000 VPD).

Walgreens

Eaton, OH

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  • Only Walgreens in a 12-mile radius serving the entire Eaton market.
  • Kettering Medical Center is the only 24-hour emergency medical center in Preble County, Ohio.
  • 1.4 million square feet of retail in the immediate 1-mile radius anchored by Walmart Supercenter.
  • Kroger announced plans in August 2023 to build a 72,000-square foot store that will employ 100 workers.

Walgreens

Columbia, MS

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  • 1 mile South of Marion General Hospital (49 beds), the main hospital for Columbia and across the street from Fast Past Health Urgent Care.
  • Located in the only shopping center anchored by national retail tenants for over 20 miles and there is 715,000 square feet of retail space in a 1-mile radius.
  • Situated at the intersection of Sumrall Road and US-98 (traffic counts of 38,000 VPD) which serves as the east/west connector between Hattiesburg and McComb.

Walgreens

Durham, NC

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  • Less than 1.5 miles from Research Triangle Park (7,000 Ac.) with over 375 companies including Alexandria, Bayer, Cisco and IBM.
  • Major developments within 3 miles include a $2 Billion mixed-use project (1 Million SF) with office, life-sciences, multi-family residential, and hotel.
  • Over 685,000 SF of retail space in the immediate 1-mile radius with national tenants such as Starbucks, Food Lion, Big Lots, Dollar Tree, McDonald's and Chick-fil-A.

Walgreens

Northeast US

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  • Less than a mile from University of Maine Fort Kent with 915 students enrolled.
  • Less than a mile from Clair Fort Kent Bridge, allowing access to customers in both the United States and Canada.
  • High visibility location with frontage on E Main St with 8,626 VPD.

Walgreens

Sand Springs, OK

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  • Just 9.7 miles southwest of Downtown Tulsa, a metropolitan area with a population of over 1,000,000 people.
  • Busy signalized intersection on Hwy. 97,  the main north/south thoroughfare through Sand Springs with a combined traffic count of nearly 28,000 VPD.
  • Just two miles west of Tulsa Community College West Campus which enrolls ±20,000 across 4 Tulsa campuses.

Walgreens

Brooksville, FL

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  • Tampa MSA location with 22+ year operating history.
  • Medical corridor including Florida Oak Hill Hospital, Encompass Health Hospital and Sturgill Hospice House.
  • Retail corridor with major national tenants including ±1.4 million SF of retail space in a 0.5-mile radius.

Walgreens

Orange Park, FL

5.95 CAP

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  • Across from Orange Park Mall, a ±953,000 SF anchored by Dillard's, JCPenney, Old Navy and Belk with ±3M SF of retail in 1-mile radius.
  • Medical corridor location near HCA Florida Orange Park, a 365 bed hospital with 2,350 employees, and 832,000 SF of medical space in a 3-mile radius.
  • Intersection with extremely high traffic count of approximately 100,500 vehicles per day combined.

Walgreens

Harlingen, TX

6.25 CAP

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  • Located at merge of freeways I-69 and I-2. Both interstates have a combined traffic count of over 150,000 vehicles per day.
  • Surrounded by national retail tenants, ±3.2 million square feet of retail space within 1 mile radius including Valley Vista Mall (651,000 SF) and Bass Pro Shop (150,000 SF).
  • Strong cross-border economy with the Free Trade Bridge 13 miles away, a full US Customs facility accommodating 75 commercial trucks simultaneously.

Walgreens

Memphis, TN

$ 4,000,000

8.75 CAP

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  • Dense residential area with nearly 200,000 residents within a 5-mile radius.
  • One mile south of Hwy. 385 (±151,399 VPD) and two miles southeast of I-240 (±180,699 VPD) making Downtown Memphis just a 15 minute drive away.
  • Busy intersection with approximately 54,087 vehicles per day.

Walgreens

Beaumont, TX

$ 3,780,000

6.00 CAP

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  • Both store and pharmacy are open 24 hours.
  • Baptist Hospital of Southeast TX and Christus Southeast TX Hospital both within 1.5 miles with a total of 931 beds.
  • Across from Gateway Shopping Center which contains ±460,000 square feet of retail space.
  • Direct access to I-10 (±130,685 VPD) via College Street on signalized intersection with ±44,328 vehicles per day.

Walgreens

Pawtucket, RI

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  • Walgreens exercised two 5-year options.
  • Store and pharmacy are open 24-hours.
  • Just north of downtown Providence.

Walgreens

Warren, MI

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  • 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

Stone Mountain, GA

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  • 14 miles northeast of Downtown Atlanta.
  • Adjacent to ±199,000 square feet of retail space.
  • Heavily trafficked intersection with 47,430 VPD.

Walgreens

McDonough, GA

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  • Walgreens exercised another 5-year option.
  • Located 28 miles southeast of Atlanta.
  • Several recently built housing developments within a 2-mile radius.

Walgreens

Amarillo, TX

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  • Walgreens extended lease in 2019.
  • Several large healthcare facilities within 3-mile radius.
  • Within retail corridor of 6.6 million square feet.

Walgreens

Dripping Springs, TX

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  • 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

Southwest US

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  • 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.

Walgreens

Duluth, GA

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  • Tenant exercised two consecutive options.
  • Located one block from Riverbrook and Cresswell residential developments.
  • Only national standalone drugstore in a two mile radius.

Walgreens

Farmington Hills, MI

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  • 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

Harlingen, TX

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  • 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

Newport News, VA

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  • 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

Guthrie, OK

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  • CMBS loan assumed by buyer.
  • Nearest drugstore is over 13 miles away.
  • Directly across the street from Walmart Supercenter.

Walgreens

North Owasso, OK

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  • 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

Johns Creek, GA

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  • 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

Dyersburg, TN

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  • Buyer assumed CMBS loan.
  • Located at crossroads connecting the region’s major cities.
  • Across from Walmart Supercenter and adjacent to Kroger.

Walgreens

Baltimore, MD

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  • 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

Depew, NY

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  • 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

Tonawanda, NY

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  • Located 10 miles north of downtown Buffalo.
  • Near the University of Buffalo with over 30,000 students.
  • Tonawanda retail district location near Degraff Memorial.

Walgreens

Manchester, GA

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  • Rebranded in 2018 when Walgreens assumed the lease.
  • Limited drugstore competition, no other Walgreens for 17 miles.
  • New lease extension with increases.

Walgreens

Odessa, TX

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  • 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

Sandy Springs, GA

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  • 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

Yucca Valley, CA

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  • 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

North Cape May, NJ

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  • Absolute net lease with rental increases.
  • Unique peninsula location with limited drugstores.
  • Over 20 years of drugstore operating history with established customer base.

Walgreens

Baton Rouge, LA

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  • Dense residential area 7 miles east of Baton Rouge with ±200K residents in a 5-mi radius.
  • ±7.9M SF of retail space in a 5-mi radius and the only Costco within 60 miles.
  • Located on the intersection with high traffic of over 67,700 vehicles per day.

Walgreens

Maineville, OH

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  • Cincinnati MSA location with over 2,3000,000 people.
  • Nearby Kings Island Amusement Park Employs 5,000+ people in the area.
  • Limited drugstore competition, one of only two drugstores in 3.5 mile radius.

Walgreens

Bradenton, FL

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  • 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

Belen, NM

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  • Limited drugstore competition, no other national chain drugstore within 10 miles.
  • Near Presbyterian Urgent Care and Belen Meadows Healthcare Rehabilitation center.
  • Main and main location just east of I-25 and west of BNSF Personnel Depot.

Walgreens

Dallas, GA

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  • Walgreens closed the Rite Aid across the street and transferred prescriptions to this location.
  • Located about 37 miles N of Downtown Atlanta.
  • This area has an above average household income.

Walgreens

Baltimore, MD

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  • Located near Pimlico Racetrack slated for redevelopment plan including surrounding area.
  • Located near Sinai Hospital, Johns Hopkins University and Johns Hopkins Hospital.

Walgreens

Columbus OH

$ 5,771,314

7.00 CAP

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  • Absolute NNN lease with no landlord responsibilities whatsoever.
  • Just 4 miles north of Ohio State University with over 66,000 students and 29,000 employees.
  • Riverside Methodist Hospital is about 3 miles south and has 1,059 beds and 5,800 employees.

Walgreens

Portland OR

$ 5,049,990

10.00 CAP

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  • Located in main retail corridor with 7.9M square feet of retail space within 3 miles.
  • Approximately 316,993 residents within a 5-mile radius.
  • Zoned RCC in Clackamas County with various development opportunities such as retail, multi-family and office.

Walgreens

Chesapeake, VA

$ 6,018,133

6.75 CAP

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  • Absolute net lease with zero landlord responsibilities and history of solid sales.
  • ±7.5 million square feet of retail space and ±5.2 million square feet of office space in a 3-mile radius.
  • High traffic intersection with ±92,000 vehicles per day and over 200,000 residents in a 5-mile radius.
  • Chesapeake Regional Medical Center hospital is located ±2 miles south with 310 beds and ±3,000 employees.

Walgreens

Hamilton, NJ

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  • Sale includes Walgreens and Black Forest Acres, both absolute net leases with increases.
  • Located 1.2mi N of RWJ University Hospital, largest employer in Hamilton Township.
  • Only drugstore open until midnight in a 10mi radius, directly across from a CVS.

Walgreens

Tampa, FL

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  • Located on Hwy-580 one of the main thoroughfares connecting western Tampa to the Tampa International Airport and downtown Tampa.
  •  Near HCA Florida West Hospital with 515 beds and the Mease Countryside Hospital with 300 beds.
  • Just 3.5 miles southeast from Tampa Bay Downs which has approximately 24 million visitors annually.

Walgreens

Lady Lake, FL

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  • Outparcel to Target anchored Rolling Acres Plaza in main retail corridor across from Home Depot.
  • Two miles from UF Health The Villages Hospital with 307 beds and approximately 1,161 employees.
  • Located just south of The Villages, a collection of retirement neighborhoods in central Florida.

Walgreens

Beloit, WI

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  • New fifteen year lease with ten (five-year) options to renew.
  • Five percent rental increases every five years in primary term and in the options.
  • Solid employment base with major employers in the area including Amazon, Hormel and Frito Lay.

Walgreens

Boise, ID

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  • Adjacent to Home Depot and Fred Meyer anchored shopping center.
  • Two blocks from Interstate 84 and and half-mile from Boise Airport.
  • Near multiple residential neighborhoods within a 2-mile radius.

Walgreens

Broken Arrow, OK

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  • Absolute net lease and 24-hour store with strong sales.
  • Tulsa MSA location and within two miles of Ascension St. John Broken Arrow Hospital.
  • Located within 2.1 Million square feet of retail space within a one-mile radius.

Walgreens

Virginia Beach, VA

$ 6,272,727

5.50 CAP

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  • Walgreens extended lease to a firm 15-yrs in August 2022 showing commitment to this location.
  • Walgreens is reporting strong sales at this store that has a 15-year operating history.
  • Virginia Beach has a population of ±1,500,000 and is the most populous city in VA.
  • Near ±23.6M SF of retail space and adjacent to 128K SF center anchored by Lion Food who renewed for 10 yrs.

Walgreens

Chesapeake, VA

$ 6,728,972

5.35 CAP

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  • Absolute net lease with 12 years remaining.
  • Affluent area with solid incomes of over $110,000 in 1-mile radius.
  • Part of the Virginia Beach-Norfolk-Newport News, VA-NC MSA with over 1,800,000 residents.
  • South of Naval Station Norfolk with more than 82,000 active duty personnel and 39,000 civilians.

Walgreens

Augusta, ME

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  • Acquired by Walgreens in 2018 and successful operating history of 20+ years.
  • 12 years remaining with 2 (5-year) options to extend on an absolute net lease.
  • Located just 1.4 miles to the NE of downtown Augusta with traffic counts of 25,000+ vehicles per day.

Walgreens

Durham, NC

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  • Part of the Raleigh-Durham-Cary, NC MSA with over 2,000,000 residents.
  • 5% rental increases in the initial term and in each of the options.
  • Durham's largest employers located in 5-mile radius, Duke University and Duke University Health System.

Walgreens

Alexander City, AL

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  • 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.

Walgreens

Southwest US

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  • 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.

Walgreens

Memphis, TN

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  • 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.

Walgreens

Lombard, IL

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  • 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

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  • 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

Collinsville, IL

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  • Adjacent to I-55 with 47,000 VPD
  • Outparcel to 53.7 Acre Collinsville Crossings Center

Walgreens

Austin, TX

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  • 14 Miles North of Downtown Austin
  • Near St. David’s North Austin Medical Center

Walgreens

Providence Rhode Island MSA

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  • 24 Hour Store and Pharmacy
  • 5 Miles North of Downtown Providence

Walgreens

Southwest US

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  • High Traffic of ±45,000 VPD
  • Dense Demographics with ±365,000 Residents in 5-Mi

Walgreens

Bradenton, FL

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  • Affluent Demographics
  • Limited Drugstore Competition

Walgreens

Mobile, AL

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  • Near Providence Hospital
  • Limited Drugstore Competition