Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Sale
SQ. FT. Available 14,490
Date Available 12/16/2018
Additional URL Link
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Listing Courtesy of SharpLaunch

This 13,500 square foot NN Walgreen’s is strategically located at the signalized intersection W 130th Street and Bellaire Road. There are over 355,000 people living within a three-mile radius of the property earning an average household income of over $57,000 per year.

The Walgreens features a drive-thru and has excellent visibility and signage. Walgreens has successfully operated at this location since 1994 and has over 9 years remaining on their primary lease term with five 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, Giant Eagle, Marc’s, Save-A-Lot, K-mart

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.