Properties for Sale W 79th St, Burbank, IL Route 303, Tappan, NY 10983
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1 Prepared for Christian Marabella of Marabella Commercial Finance 4/23/2018 Presented by Christian Marabella Marabella Commercial Finance, Inc (760) Properties for Sale W 79th St, Burbank, IL Price $9,788,882 Gross Leasable Area 14,833 SF Cap Rate 5.10% Approx. 20 Years Remaining on an Absolute Net Lease. Rare Opportunity to Acquire State-of-the-Art New Prototype Walgreens Building with Modern Design that Features Drive-Thru Pharmacy. Strong Commitment to the Area - Relocated from a Previous Inline Store Less than a Quarter Mile Away - Less than 3 Miles from Chicago Midway International Airport (22M+ Annual Passengers). Excellent Visibility and Easy Access at the Hard Corner to Combined Daily Traffic Counts in Excess of 50k+ Vehicles - Densely Populated Urban Infill Location that features over 525k+ People Residing within a 5 Mile Radius. Illinois Broker of Record: Steven Weinstock License: Address: One Mid-America Plaza Suite 200, Oakbrook Terrace, IL Route 303, Tappan, NY Price $9,250,000 Gross Leasable Area 14,000 SF Cap Rate 5.00% Built 2016 NEW Brand New Walgreens Tappan NY NEW-25 Year Lease 81 Route 303 & Oak Tree Road
2 US 70 Hwy E, Garner, NC Price $7,784,600 Gross Leasable Area 14,675 SF Cap Rate 5.15% The Walgreens is conveniently located at a signalized intersection, with excellent access and visibility to 32,000 vehicles per day on U.S. Highway 70. The main entrance to Garner Towne Square is directly across from the property. Garner Towne Square is the dominant power center in the Garner submarket and features notable national tenants, including Target, Home Depot, Kroger, PetSmart, OfficeMax, Lane Bryant, and several others. Located in a dense retail corridor, the property is surrounded by large shopping centers and well-known retailers. Major tenants in the area include Walmart Supercenter, Lowe s, Dollar Tree, McDonald s, Big Lots, Verizon, GameStop, Sally Beauty Supply, Rainbow, NAPA Auto Parts, Food Lion, and Outback Steakhouse. U.S. Highway 70 provides a direct route to downtown Raleigh, which is located just five miles from the property. The property is also less than a 30-minute drive from Research Triangle Park, one of the largest research parks in the world and the economic engine of the Raleigh metropolitan area. The property benefits from its prime location within the Garner submarket, which has become a major growth area in the Research Triangle region due to its proximity to downtown Raleigh, Research Triangle Park, and Raleigh Durham International Airport. Between 2000 and 2017, household growth within a three-mile radius of the property was 47.1%. Over 135,000 residents live and nearly 100,000 daytime employees work within a five-mile radius of the property, providing a strong customer base for Walgreens Harrodsburg Rd, Lexington, KY Price $8,700,000 Gross Leasable Area 14,820 SF Cap Rate 5.36% Call for financing details - $100k price reduction! Motivated Seller! * Adjacent to University of Kentucky - 30,473 Students * Outparcel to Home Depot and University of Kentucky (UK) Healthcare - an 85k sf medical and dental outpatient facility * Adjacent to KentuckyOne Health Saint Joseph's Hospital beds * 16.7 years of firm base term remaining * 24-hour location w/drive through and liquor sales * Investment grade - S&P rated 'BBB * 52,230 vehicles daily * 230,281 people within 5 miles * 2014 construction * Relocation from smaller store 1 block away excellent sales * Surrounded by national tenants, including: Home Depot, University of Kentucky (UK) Healthcare, KentuckyOne Health Saint Joseph s Hospital, McDonald's, Chick-fil-A, CVS, Burger King, Staples, Verizon, LongHorn Steakhouse, O Charley s Restaurant + Bar, Raising Cane's, Taco Bell, AutoZone, Baptist Health Urgent Care, and more
3 5 456 Conover Blvd W, Conover, NC Price $6,721,407 Gross Leasable Area 14,550 SF Cap Rate 5.40% Sands Investment Group is pleased to present this Walgreens located in Conover, North Carolina. There is ~18 years remaining on an Absolute Triple Net (NNN) Lease W Wheatland Rd, Duncanville, TX Price $7,650,000 Gross Leasable Area 14,490 SF Cap Rate 5.63% Marcus & Millichap has been exclusively retained to market for sale the Walgreens located at 750 West Wheatland Road in Duncanville, Texas. The 14,490- square foot pharmacy was constructed in 2014 and is situated on 1.06 acres of land. This newly built Walgreens pharmacy is in the heart of the red-hot Dallas MSA. Walgreens redeveloped a hard corner parcel to construct their newest urban prototype that includes their state of the art interior design. Over 53,000 AVPD travel through the hard corner intersection producing a consistent flow of customers. This store is located 3- miles from Methodist Charlton Medical Center, a 317-bed regional hospital with 279 physicians on staff, providing robust and reliable pharmacy sales. This is a rare opportunity to own a newly built Walgreens in one of the strongest markets in the United States. Walgreens Boots Alliance, Inc., together with its subsidiaries, operates a network of drugstores in the United States. It provides consumer goods and services, pharmacy, and health and wellness services through drugstores, as well as through mail, and by telephone and online. The company sells prescription and non-prescription drugs; and general merchandise, including convenience and fresh foods, household items, personal care, photofinishing and candy, and beauty care. It also provides specialty pharmacy services for managing complex and chronic health conditions; customers infusion therapy services consisting of administration of intravenous medications for cancer treatments, chronic pain, heart failure, and other infections and disorders; and clinical services, such as laboratory monitoring, medication profile review, nutritional assessments, and patient and caregiver education. In addition, the company manages in-store convenient care clinics (Healthcare Clinics). As of August 31, 2016 it operated 7,175 locations in 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. The company also managed approximately 400 Healthcare Clinics and provider practice locations. The company was founded in 1901 and is based in Deerfield, Illinois. Duncanville is a city in southern Dallas County, Texas, in the United States. Duncanville's population was 38,524 at the 2010 census. The city is part of the Best Southwest area, which includes Duncanville, Cedar Hill, DeSoto, and Lancaster.
4 7 587 Millburn Ave, Short Hills, NJ Price $12,424,137 Gross Leasable Area 14,963 SF Cap Rate 5.10% Brand New Walgreens in NYC MSA Excellent HH Incomes (194,319-3 mile) NNN Lease with no landlord responsibilities Absolute NNN 19-year remaining term Location in densely-populated, strong retail trade area outside New York City with HH Incomes of $194,319 within 3-miles Brand New Walgreens in Strong Retail Trade Area outside NYC. Excellent HH Incomes ($194,319 within 3 miles) and densely populated area. In 2014, Time magazine named Short Hills the Richest Town in America with 7/10 household incomes above $150,000 per year the highest percentage in the United States Andrews Rd, Murphy, NC Price $6,500,000 Gross Leasable Area 14,430 SF Cap Rate 5.33% See package for more information N 32nd St, Phoenix, AZ Price $7,220,000 Gross Leasable Area 14,820 SF Cap Rate 5.25% See packaged for more information.
5 Crowder Blvd, New Orleans, LA Price $5,275,000 Gross Leasable Area 14,490 SF Cap Rate 5.21% See packaged for more information. See package for more information Mackay Rd, Greensboro, NC Price $9,300,000 Gross Leasable Area 14,534 SF Cap Rate 5.36% Buyer must assume loan Northstar REIS, Inc. is pleased to offer for sale a recently built well-located Walgreens store totaling +/- 14,550 square feet of retail space. This is an extremely rare opportunity to purchase a truly passive NNN drugstore, providing an investor management free income for years to come. The property is leased on an absolute net basis, with Walgreens responsible for all repair and maintenance.
6 Bessemer Super Hwy, Midfield, AL Price $6,508,000 Gross Leasable Area 13,500 SF Cap Rate 5.75% Marcus & Millichap is pleased to present the exclusive fee simple listing for a 13,500-square foot prototype Walgreens investment located in Midfield (Birmingham), Alabama. Walgreens signed an absolute triple-net lease with over 17 years remaining on the base term. The subject property benefits from two points of ingress and egress on a main retail corridor of Midfield, a town in Jefferson County that is located just two miles south of the Birmingham suburb of Fairfield. The Walgreens asset is strategically located on the busy corner of Bessemer Super Highway and Aaron Aronov Drive (Wiebel Drive) that has over 44,000 vehicles traveling per day respectively. The subject property is located within a dense residential area of Midfield, Alabama, that consists of over 49,000 households in a 5-mile radius and a heavily populated area that consists of over 126,000 people in a 5-mile radius. Retailers in the immediate vicinity include: Home Depot, Burlington Coat Factory, Hibbet Sports, Piggly Wiggly, Advance Auto Parts, Dollar Tree, CVS, McDonald s, Burger King, Wendy s, Domino s Pizza, Krispy Kreme, Regions Bank, BBVA Compass Bank and many more. The subject property lies in the Birmingham-Hoover, AL Metropolitan Statistical Area which consisting of seven counties (Bibb, Blount, Chilton, Jefferson, St. Clair, Shelby, and Walker) centered on Birmingham. The population of this metropolitan statistical area as of the 2010 census was 1,130,047, making it the 49th largest metropolitan statistical area in the United States as of that date Hillside Ave, Hillside, NJ Price $8,351,851 Gross Leasable Area 14,630 SF Cap Rate 5.40% Property Sub-type Storefront Horvath & Tremblay, as exclusive Investment Sales Broker, is pleased to present the opportunity to acquire the fee simple interest in a newly constructed, triplenet leased Walgreens retail store in Hillside, New Jersey. The Walgreens triple net (NNN), twenty-year lease commenced on October 29, 2016 and includes automatic one year renewals through October This is a relocation for Walgreens to a high visibility, corner location adjacent to the on/off ramp of Route 22 at Hillside Avenue in Hillside, New Jersey. The site is located in a high-density retail and residential location less than 1.5 miles from the Newark Expressway (I-78) and 3 miles from Newark International Airport. Additional notable retailers in the immediate area include CVS, Shop Rite Supermarket, Lowe's, Office Depot, Toys R Us, McDonald's, Wendy's, Burger King, Taco Bell, Dunkin Donuts, and three national car dealerships Cedar Ln, Teaneck, NJ Price $10,360,000 Gross Leasable Area 14,704 SF Cap Rate 5.40% Marcus & Millichap is pleased to present the Walgreens in Teaneck, New Jersey. Just 5 miles west of New York City, Walgreens occupies a brand-new 14,704 square-foot freestanding building on 0.64 acres and has signed a new 20-year absolute NNN lease which commenced in December 2016.
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