Nationwide NNN Corporate Walgreens For Sale

Welcome to the Walgreens For Sale website. We specialize in the sale of Walgreens Pharmacy Single Tenant Net Lease properties and portfolios. Single Tenant Net Lease is when the Tenant (Walgreens Pharmacy) is responsible for ALL property related expenses (taxes, maintenance, repairs & Insurance) You, the investor owns the property just like any other traditional real estate asset.

We assist investors with every step of the process from helping to identify suitable 1031 Exchange properties or investors seeking stable, conservative yields in low risk net lease properties. Our large network of owners, developers and brokers provides us with a substantial database of both on and off market Walgreens properties for sale to meet any investors need.

We currently have (183) Walgreens single tenant net lease properties for sale and more on a daily basis. Fill out the form to the right for your specific criteria or browse our current inventory.

Principal Buyers Only Please

Rite Aid ForSale

Rite Aid for Sale on NN Lease. Tenant has occupied this site since 1997. Nearest Walgreen’s located approx 9.5 miles away. Household income exceeds $78,300 within a 5 mile radius.

Price: $2,900,000
CAP: 6.77%
Rent Bump: 10% in Options
Years on Lease: 8+
Guarantor: Corporate
S&P Rating: B
Rite Aid for Sale Wadsworth OH

NNN Walgreens ForSale

Walgreens for sale near downtown Boston & Logan International airport. Strong Sales & proven location. 16 years of occupancy. Drive thru. Signalized corner

Price: $7,200,000
CAP: 5.83%
Rent Bump: Flat
Years on Lease: 44
Guarantor: Corporate
S&P Rating: BBB
Walgreens for sale Boston MA

NNN Walgreens ForSale

Walgreens Properties for Sale. Buy as package or individual. 17+ years remaining. High traffic areas. Dense residential and retail area. Near hospitals and schools.

Price: $30,324,079
CAP: 5.64%
Rent Bump: Flat
Years on Lease: 17+
Guarantor: Corporate
S&P Rating: BBB
Walgreens properties for sale

NNN Walgreens ForSale

A+ location. 650,000 population within 5 miles. Major intersection. Only Walgreens within 5 miles. Excellent traffic are. Recent lease extension

Price: $7,980,000
CAP: 5.00%
Rent Bump: Flat
Years on Lease: 14
Guarantor: Corporate
S&P Rating: BBB
Walgreens for Sale Orange County CA

NNN Walgreens ForSale

Features Easy Access and Excellent Visibility Along Boston Post Road. Affluent Community – Average Household Income Within a Five Mile Radius of the Site Exceeds $128,000

Price: $6,740,052
CAP: 5.70%
Rent Bump: Flat
Years on Lease: 64
Guarantor: Corporate
S&P Rating: BBB
Walgreens for Sale Guilford CT

NNN Walgreens ForSale

Walgreens Property For Sale located in a dense residential population base and strong national tenants. New Construction. Ideally located at prime signalized intersection.

Price: $8,500,000
CAP: 5.00%
Rent Bump: Flat
Years on Lease: 25
Guarantor: Corporate
S&P Rating: BBB
Walgreens for Sale Portland OR

Walgreens For Sale

Walgreens Property For Sale with 7.33% population growth by 2020. Excellent Store sales. 20 years left on NNN Lease. Over 65,000 population within 5 miles

Price: $7,464,000
CAP: 5.60%
Rent Bump: Flat
Years on Lease: 20
Guarantor: Corporate
S&P Rating: BBB
Walgreens properties for sale

Walgreens For Sale

Walgreens Property for sale with very strong annual store-level sales. Directly across East 1st Avenue from a CVS, immediately adjacent to a Valero Gas Station, and across Chestnut Street .

Price: $7,350,000
CAP: 5.85%
Rent Bump: Flat
Years on Lease: 11.75
Guarantor: Corporate
S&P Rating: BBB
Walgreens For Sale Roselle NJ

Walgreens For Sale

Walgreens For Sale with 22 years remain. Ideally Situated in Dense Retail Corridor. Excellent hard corner. 207,717 within 5 miles. High traffic county, over 49,846 cars per day

Price: $9,960,000
CAP: 5.00%
Rent Bump: Flat
Years on Lease: 22
Guarantor: Corporate
S&P Rating: BBB
Walgreens Properties For Sale

 

What is NNN Properties?

NNN Properties (Triple Net) is a lease agreement with a tenant in which the tenant are solely responsible for ALL of the expenses associated with the property in addition to paying rent directly to your “Mail Box”. Expenses paid for by the tenant include Property Taxes, Insurance, Property Maintenance and Repairs.

THE BENEFITS OF NNN WALGREENS PHARMACY PROPERTIES

Many investors enjoy the ownership of these types of leases because not only do they receive all the benefits of traditional real estate they never have to deal with the hassle of landlord involvement. Walgreens Pharmacy typically operates on a absolute net lease which allow investors to own out of state. Walgreen Company (NYSE: WAG) was founded in 1901 and is based in Chicago, Illinois . It is the nation’s largest drugstore retailer in terms of sales, even though it has fewer store locations than its closest competitor CVS.

Walgreens and its competitor drugstores are engaged in the retail sale of prescription and non-prescription drugs and front-store products such as beauty care, personal care, household items, candy, photofinishing, greeting cards, convenience foods and seasonal items, as well as liquor and tobacco where permissible by law.

Walgreens has been a highly traded investment property given the low risks typically associated with these drugstore properties. Additionally, the drugstore sector remains stable given is nondiscretionary merchandise offerings.

Walgreens For SaleOn the real estate side of things, Walgreens demands premier hard corner locations greater than 1.00 acre. Generally, sites are 1.15 – 1.75 acres to fit their store prototypes of 14,820 SF, although units can range from 10,800 SF – 15,000 SF. To compete with rival CVS, Walgreens has generally been willing to pay premier rental rates to secure prime sites with a primary lease term of 25 years. The most significant lease variation from Walgreens of late has been the difference in their renewal options, previously requiring eight to ten renewal options of five years in length; they recently signed a number of leases that were 75 years in length, however after the 25th year Walgreens has an annual cancellation option, essentially creating 50 1-year renewal options. This small variation created significant concern for investors because at the end of the initial 25-year lease term, these assets will not be finance-able.

Who We Are

GCT Net Lease is the premier buyers broker working with investors in the acquisition of NNN Walgreens Pharmacy Investment Properties and Portfolios. Our team analyzes hundreds of NNN Walgreens Pharmacy net lease properties daily and present them to our investors on a first come, first serve basis. We have the largest database of Walgreens For Sale. For investors seeking 1031 Exchange Properties we serve an essential service. Majority of our available Walgreens Properties for Sale are not posted on our website because of the amount of volume of properties we receive from our network of owners, developers and brokers. Contact us today with your specific buyer criteria.

For investors seeking other types of NNN Properties like 7 Eleven For Sale, CVS Properties For SaleDollar Store Properties For Sale We also work with investors on a non exclusive basis to identify more specific parameters and off market opportunities.

In today’s commercial real estate market financing has become more easier and simpler to obtain. In 2008, industry experts noticed that Triple net properties all remained unaffected by the rapid economic change. Many investors switched from other real estate assets and moved them into NNN Properties. With the increase in demand and now an improving economy interest rates have gone down to historical levels and investors are taking advantage.

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