WAG Portfolio | ±11 Yrs | Strong Sales
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
WAG Portfolio | ±11 Yrs | Strong Sales
5 Retail Properties Offered at $34,000,280 CAD in Multiple Locations
Executive Summary
• Lease backed by Walgreens’ Investment-grade Credit | BAA2/BBB | Ranked #27 on the Fortune 500 (2023)
• Long-term, passive investments | Average of ±11 years of guaranteed term remaining on their respective absolute NNN leases
• All drive-thru locations
• Walgreens operates over 8,700 stores across all 50 states and was recently included in Fortunes’ 2023 list of the World’s Most Admired Companies for the 30th consecutive year
• DoorDash and Walgreens announce partnership | July 2020 | DoorDash will begin delivering over the counter medicine and other products from Walgreens | Partnership will begin in Denver, Chicago, and Atlanta first
• Walgreens partners with VillageMD | June 2020 | Will open 500-700 primary care clinics within existing Walgreens’ locations | New concepts will be rolled out over next 5 years in 30 markets
• Long-term, passive investments | Average of ±11 years of guaranteed term remaining on their respective absolute NNN leases
• All drive-thru locations
• Walgreens operates over 8,700 stores across all 50 states and was recently included in Fortunes’ 2023 list of the World’s Most Admired Companies for the 30th consecutive year
• DoorDash and Walgreens announce partnership | July 2020 | DoorDash will begin delivering over the counter medicine and other products from Walgreens | Partnership will begin in Denver, Chicago, and Atlanta first
• Walgreens partners with VillageMD | June 2020 | Will open 500-700 primary care clinics within existing Walgreens’ locations | New concepts will be rolled out over next 5 years in 30 markets
Property Facts
| Price | $34,000,280 CAD | Number of Properties | 5 |
| Price / SF | $472.73 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 8.65% | Total Building Size | 71,924 SF |
| Sale Type | Investment | Total Land Area | 8.25 AC |
| Status | Active |
| Price | $34,000,280 CAD |
| Price / SF | $472.73 CAD / SF |
| Cap Rate | 8.65% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 71,924 SF |
| Total Land Area | 8.25 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 571 S Main St, Lapeer, MI 48446 | Retail | 14,550 SF | 2010 | - |
| 1209 N Bridge St, Elkin, NC 28621 | Retail | 14,820 SF | 2008 | - |
| 9 Central Ave E, Saint Michael, MN 55376 | Retail | 14,154 SF | 2011 | - |
| 1330 W Chicago Blvd, Tecumseh, MI 49286 | Retail | 13,580 SF | 2009 | - |
| 1600 W Main St, Carbondale, IL 62901 | Retail | 14,820 SF | 2009 | - |
1 of 1
-
Aron Cline
-
Calvin Short
-
Matt Coates
-
Gary Chou
-
Scott Reid
1 of 22
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Company Not Provided
WAG Portfolio | ±11 Yrs | Strong Sales
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.