- 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.
Properties
- 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.
- 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.
- 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.
- 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 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.
- 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.
- 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.
- 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 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.