Walgreens For Sale

Welcome to BuyNNNProperties.com Walgreens for sale page. Here you will find up to date inventory of Walgreens Pharmacy.

Below are 79 Walgreens properties out of the many net lease properties we have available on BuyNNNProperties.com. To search other type of tenants like CVS Properties or Rite Aid Properties use our advanced search tab up top or contact a net lease investment specialist here.

Walgreens For Sale

Tenant City State Years
Remaining
Price Status
NNN Walgreens Grand Rapids MI 4.5 $1,671,428 Available
NNN Walgreens Manassas VA 17 $9,658,120 Available
NNN Walgreens Miami Beach FL 23 $78,888,889 Available
NNN Walgreens Milwaukee WI 9+ $3,933,000 Available
NNN Walgreens Canon City & Colorado Springs CO 10 $12,779,487 Available
NNN Walgreens Colorado Spring CO 10+ $7,143,334 Available
NNN Walgreens Passaic NJ 3.5 $5,400,444 Available
NNN Walgreens Jacksonville FL 4 $2,185,000 Available
NNN Walgreens Raleigh NC 19 $7,780,000 Available
NNN Walgreens McDonough GA Request $3,975,000 Available
NNN Walgreen & Petco North Andover MA 15 $16,540,704 Available
NNN Walgreens Texas AL 18 $6,223,266 Available

About Walgreens Properties

Walgreens For SaleWalgreens is an American company which operates the second-largest chain in the United States of America. It specializes in filling prescriptions, health and wellness products, health information and photo services. As of February 29, 2016, the company operated 8,177 stores in all 50 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. It was founded in Chicago, Illinois, in 1901. The Walgreens headquarters office is in the Chicago suburb of Deerfield, Illinois. More information can be found at the company’s corporate website

Change in Company Type: On the last day of 2014, Walgreen took full ownership of European drugstore chain Alliance Boots for more than $15 billion in cash and stock. The deal created a network of nearly 13,200 stores across two dozen countries, with Walgreen Co. becoming a subsidiary of newly formed Walgreens Boots Alliance.

About Walgreens Leases

Typically Walgreens has a primary lease term of 25 years and in some cases 8 to 10 renewal options of five years in length. Some leases are 50 1 year renewal options. Investors like these properties because of the low risk associated with them. They are mostly on hard corner locations with grater than 1.00 acre of land, generally 1.5 to 2.0 acres and store sizes of 14,500 square feet. To compete with rival CVS Pharmacy they typically pay premium rent which is enticing to investors but could pose concern later after their initial lease period expires as a cause for the tenant to vacate the lease. In some leases Walgreens can cancel the lease after the initial 25 year period which makes the asset unable to finance.

About GCT Net Lease

GCT Net Lease is the premier buyers broker working with investors seeking Walgreens for Sale and Portfolios. Our team analyzes hundreds of Walgreens for Sale, both on market and off market daily and present them to our investors on a first come, first serve basis. For investors seeking Walgreens for Sale for a 1031 Exchange we serve an essential service. Majority of our Walgreens 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.