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Andrew D. Ragsdale

Stan Johnson Company

Office Phone: 918-494-2690

 

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Published on: Wednesday, March 11, 2015 3:04:25 AM
Updated on: Friday, March 13, 2015 10:48:43 PM
Purchase with B2B
Purchase with B2B
 Purchase with Business to Business
Quick Glance

Listing ID: CL-Missouri-41008

Status: Accepting Offers

Financing: No Financing Available

Occupancy: 100%

Year Build: 2004

 

Building Size: 14,505 SqFt

Lot Size: 2 Acre

No of Stories: 1

No of Parking: 0

Business Available for Sale: No

Is Net Lease Investment: No

Property On Ground Lease: No

Building Status: Existing

 Details

Offer to Millionaire Club: No

Listing Summary: Walgreens offers convenient access to medical services through its Healthcare Clinic located in more than 400 select Walgreens throughout the country. Healthcare Clinics are staffed by board-certified family nurse practitioners who are specially trained to diagnose and treat a wide variety of illnesses and chronic conditions, order diagnostic tests and provide preventive care.

Acquisition Option Selected: Traditional Purchase

Cap Rate (%): 5.85

Commission Split (%): 0

Complete Details


Year Build: 2004

Building Size: 14,505 SqFt.

No of Stories: 1

Total Lot Area: 2.01 Acre

No of Parking: 0

No of Total Units: 1

Property Current Status: Normal Sale

Building Status: Existing

Heating and Cooling: Heating and Cooling

Building Class: Not Specified

Property on Ground Lease?: No

Net Lease Investment?: No

Business Price Included?: No

Roofing: Metal

Occupancy: 100%

Full Description


Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., (NASDAQ: WBA), operates the largest drugstore chain in the United States. Founded in 1901 and incorporated in 1909, Walgreens has provided the most convenient access to pharmacy, health and wellness services, as well as consumer goods and services for over 100 years.  For fiscal year ended August 31, 2014, the company reported net sales of $76.4 billion, the 36th consecutive year of record sales. Walgreens pharmacy, along with health and wellness services, sells prescription and nonprescription drugs, and on-site pharmacists provide drug consultations and administer flu vaccines and other immunizations.  Stores also offer general merchandise including convenience and fresh foods, household items, personal care, photofinishing and beauty care. As of August 2014, approximately 76% of the United States population lived within five miles of a Walgreens and an average of 6.2 million shoppers visited stores daily.  In addition to store traffic, Walgreens websites, including walgreens. com and drugstore.com, received an average of approximately 59.7 million visits per month.

Additional Properties


Features
  • Best-in-Class Pharmaceutical Operator
  • 14 Years Remaining of Base Lease Term
  • Absolute NNN Lease with No Landlord Responsibility
  • Hard Corner Location
  • Excellent Demographics
  • Highly Visible Strong Retail Location

Attached Documents


 Download | WallgreensDoc.LoudLister ( 3,933.52KB)

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