Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 13,500
Date Available 04/14/2019
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Listing Courtesy of SharpLaunch

The property is strategically located at the highly-trafficked signalized intersection of Arlington Street – the primary north-south thoroughfare in the trade area - and Triplett Boulevard. The store is located one-half mile east of Interstate 77 which experiences traffic counts in excess of 122,500 vehicles per day.

The Walgreens features a drive-thru and has excellent visibility and signage. Walgreens has successfully operated at this location since 1994 and has more than 10 years remaining on their primary lease term. The lease features five 5-year renewal option periods and low rent per square foot. Walgreens is committed to this location as evidenced by their recent lease extension. National retailers located in the area include ALDI, Goodwill, Save-A-Lot, Advance Auto Parts, O’Reilly Auto Parts, Burger King and Dollar General.

Walgreens is the largest drug retailing chain in the United States and has over 8,175 locations in the United States. Walgreens is publicly traded on the Nasdaq Stock Market (symbol: WBA) with a market capitalization in excess of $88 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.