Walgreens

Tenant Description

Walgreens is owned by the Walgreens Boots Alliance, Inc and currently the largest retail pharmacy in the US and Europe. Walgreens operates 13,500+ stores in over 11 countries.

What To Look For When Buying A Walgreens

High Rent

What We Like About Walgreens

Usually Great Real Estate, Complete NNN Deals, Corporate Guarantee

Competition

Rite Aid, CVS

What Is Sold In A Walgreens

Everything

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

Stock Price
Tenant News
Average Cap Rate Trend
5.25%
2019
5.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
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

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *