Walgreens

Stock Price
Tenant News
Average Cap Rate Trend
6.25%
2020
5.75%
2021
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$6,500,000
Avg. Rent$425,000
Avg. Price/SF$400/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease EscalationsNone
Credit Rating
S & PBBB
Moody'sBaa2

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Tenant Description

Walgreens is owned by the Walgreens Boots Alliance, Inc and currently the largest retail pharmacy in the US and Europe. As of 2020 Walgreens operates 13,500+ stores in over 11 countries. Walgreens began offering COVID vaccinations at the start of 2021 and has been an essential retailer during the pandemic.

What To Look For When Buying A Walgreens

What Are The Sales (if available).

What We Like About Walgreens

Usually Great Real Estate, Complete NNN Deals, Corporate Guarantee

Competition

CVS, Rite Aid

What Is Sold In A Walgreens

Prescription drugs and a wide assortment of general merchandise (beauty products and cosmetics, over the counter drugs, groceries, film and photo finishing services, seasonal merchandise, greeting cards, etc.)

Walgreens Website

https://www.walgreens.com/

Corporate Office Location

200 Wilmot Rd, MS #2002  – Deerfield, IL 60015

Fast Facts

Leader In The Drug Store Sector

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