- 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 properties
- 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.
Miami, FL
$ 8,456,410
5.85 CAP
- Jackson South Medical Center is located 1.6 miles SW with 262 beds and approximately 1,200 employees.
- Retail Corridor with major national tenants within ±3.1 million square feet of retail space in a 1.5 mile radius.
- Affluent infill demographics with approximately 257,657 residents in a 5-mile radius with an average household income of $106,576.
- Intersection with high traffic count of 80,400 vehicles per day.
- Strong commercial neighbors within 1 million square feet of industrial space in a 0.5-mMile radius.
- Established clientele over 17+ years of operations at this location.
Rochester, NY
$ 3,767,796
5.90 CAP
- Sales to rent ratio under 2%.
- 18.4 million square feet of industrial space with Amazon, General Motors and L3 within 5 miles.
- Strong employment base with Kodak, FedEx, Pepsi and University of Rochester within 6 miles.
- Unity Hospital just 2 miles north with 471 beds and over 1,000 employees.
- Solid population demographic with ±208,654 residents in a 5-mile radius.
Portland, OR
$ 6,762,000
6.00 CAP
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- Recent third-party reports will be provided to buyer.
- Portland MSA location with exceptional front-end reported sales volumes.
- Absolute net lease with zero landlord responsibilities.
- 8 million square feet of retail space within 3-mile radius and blocks from three shopping centers anchored by Home Depot, Target and Safeway.
- Nike World Headquarters 300 acre campus is 1.7 miles southwest with ±15,125 employees on 3.2 million square feet of office space
- Strong demographic profile with ±301,800 residents in a 5-mile radius with a median household income of $93,438.
- Near Providence St. Vincent Hospital just 2.5 miles southeast with 536 beds and ±3,500 employees.
- Columbia Sportswear Company Headquarters just 0.7 miles northwest with ±2,000 employees in ±188,000 square feet of office space.
- Intersection with high traffic count of 45,000 vehicles per day.
Walgreens
Southwest Drugstore Offering
$ 4,242,857
7.00 CAP
- Limited Competition with nearest Walgreens 4 miles away and nearest CVS is 7.2 miles south.
- Walgreens reports healthy sales.
- Replaceable rents that are inline with market, limiting downside risk.
- Supporting communities include The Highlands at Dove Mountain (1,297 single family homes), La Sonora (142 units) senior living community, Legacy Apartments (168 units).
- Ritz Carlton at Dove Mountain 5-star resort is 6 miles north of the Property with no retail competition nearby.
- Economic development includes Mattamy Homes (81 homesites 1M east), Southern Arizona Logistics Center (950,000 SF under construction), Bela Flor Communities (162 acre) housing and commercial development, and American Furniture Warehouse(200,000 SF).
Walgreens
Norwalk, OH
$ 3,832,759
5.80 CAP
- Two miles from Fisher Titus Medical Center, a 99-bed hospital with 700 medical staff.
- Only Walgreens serving immediate region, next closest Walgreens is 24 miles away.
- NASA'S Neil Armstrong Test Facility, 6,400 acre area with highly skilled workforce (9 miles north).
- One half mile to Huron County offices, approximately 400 county staff work in the county offices.
- Manufacturing companies in the region, almost 7,000 residents in the city are employed in the manufacturing sector.
Walgreens
High Point, NC
$ 7,300,000
6.00 CAP
- Dense Retail & Manufacturing Corridor, 16.2 Million SF of Industrial/Manufacturing Space and 2.4 Million SF of Retail in a 2 Mile Radius
- Furniture Industry/Hosts High Point Market. Largest Furniture Trade Show in the World, Occurs Twice a Year and Draws 140K-180K Visitors Annually
- Thomas Built Bus Headquarters, Leading Manufacturer of School Buses in North America with 1,700 employees (0.7 Mi W)
- High Point University, Located on 430 Acres, Enrolls ±6,000 Students and Employs ±1,600 Staff (3.5 Mi N)
- Wake Forest Baptist Health High Point Medical Center Full Service Hospital Serving ±600,000 Residents, with 351 Beds and 2,100 Employees (4.0 Mi NW)
- Ralph Lauren Call Center & Warehouse Customer Service Center 843,000 SF Facility Employing 2,687 (5.1 Mi NE)
Walgreens
Brooklyn Park, MN
$ 5,811,666
6.00 CAP
- 15 Year Lease Extension in 2020 Walgreens extended the lease an additional 15 years in 2020 showing commitment to this location
- Exceptionally High Reported Sales Volumes Walgreens is reporting exceptionally high sales volumes at this store
- Target Office Campus & Distribution Nearby Target office campus employs 5,200 in a 330 acre campus and nearby 1,000,000 square foot distribution center
- Affluent Demographic Area Median household income of $96,000 in a 1 mile radius
- 5.7 Million SF of Industrial Space in 5 Mile Radius Several large employers in the area including Medtronic (11,000 employees) and United Health Group (18,000+ employees)
Walgreens
Talladega, AL
$ 3,992,316
5.70 CAP
- Limited Competition, Only Walgreens in Talladega, Alabama with the Next Store 15 Miles Away
- One Half Mile to Citizens Baptist Medical Center, 122-Bed Hospital with Over $60 Million Economic Impact on the Community
- Alabama Institute for the Deaf and Blind Located one half mile away and serves over 36,000 K-12 Students and Employs ±1,020 People Throughout the State
- Talladega Speedway Tourism Draw, 175,000 Spectator Capacity Track with Economic Impact of $420M and Adds ±7,955 Jobs in the Region (14 Miles N)
- 4.9 Million SF Honda Lincoln Assembly Plant, $2 Billion Plant with 4,500 Employees on over 1,350 Acres (16 Miles N)