Walgreens and CVS for Sale
RECENTLY SOLD PROPERTIES
- 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.
- 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.
- 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.
- 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).
- 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.
- 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 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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).
- 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.
- 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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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 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.
- 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.
- 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.
- 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.
- 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.
- 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.
