Walgreens Properties For Sale

The Boulder Group is pleased to exclusively market  a six property single tenant net lease Walgreens properties for sale portfolio. All six of the Walgreens properties feature long term triple net leases with a weighted average remaining lease term in excess of 12 years. This unique offering features six Walgreens properties located in the Midwest.  Each property is located at premiere intersections in vibrant retail corridors. All six of the Walgreens generate exceptional sales histories with strong reported store sales.

The offering consists of Walgreens located in Kansas, Ohio and Missouri.

• Overland Park, KS
• Manhattan, KS
• Findlay, OH
• Sedalia, MO
• Massillon, OH
• Dodge City, KS

Walgreens is the largest drug retailing chain in the United States and has over 8,100 locations in the U.S.A. Walgreens is publicly traded on the New York Stock Exchange (WBA) with a market capitalization in excess of $85 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.

The property is being sold with assumable financing that has an initial cash-on-cash return of 10.84% with an equity requirement of $9,040,400.

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