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Walgreens Walgreens Walgreens Walgreens Walgreens Walgreens

Property Overview

Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 15
Date Available 12/02/2018
Additional URL Link
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Description

Listing Courtesy of SharpLaunch

This 14,820 square foot NN Walgreen’s is strategically located at the signalized intersection of two primary thoroughfares in the area. The intersection of Bethel Road and Lund Ave, in the areas dominant retail corridor, experiences traffic counts in excess of 33,500 vehicles per day. There are over 89,765 people living within a five mile radius of the property earning an average household income of over $68,250 per year.



The Walgreens features a drive-thru and has excellent visibility and signage. Walgreens has successfully operated at this location since 2000 and has more than 10 years remaining on their primary lease term with eight 5-year renewal option periods. Walgreens is committed to this location as evidenced by their recent lease extension. National retailers located in the area include Walmart Supercenter, Big Lots!, Safeway, O’Reilly Auto Parts, AutoZone, Sherwin-Williams, Starbucks, and Staples.



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.

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