Sold properties

1
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Walgreens

Hamilton, NJ

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  • Sale includes Walgreens and Black Forest Acres, both absolute net leases with increases.
  • Located 1.2mi N of RWJ University Hospital, largest employer in Hamilton Township.
  • Only drugstore open until midnight in a 10mi radius, directly across from a CVS.
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Walgreens

Mainville, OH

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  • Cincinnati MSA location with over 2,3000,000 people.
  • Nearby Kings Island Amusement Park Employs 5,000+ people in the area.
  • Limited drugstore competition, one of only two drugstores in 3.5 mile radius.
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Walgreens

North Cape May, NJ

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  • Absolute net lease with rental increases.
  • Unique peninsula location with limited drugstores.
  • Over 20 years of drugstore operating history with established customer base.
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CVS

Baton Rouge, LA

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  • Located in an infill area on main retail corridor leading directly into Downtown Baton Rouge.
  • Located on signalized SEC of Florida Blvd. & Lobdell Blvd. with a combined traffic count of ±77,903 VPD.
  • Subject property is an outparcel to a 725,000 SF office park on 5.15 acres.
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Rite Aid

Kutztown, PA

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  • Rite Aid extended lease which has a ±20% increase in first option.
  • Exceptional sales and over 10 yrs of primary lease term on an absolute NNN.
  • Only Rite Aid drugstore in Kutztown, CVS one mile SW and no Walgreens within 11-miles.
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CVS

Franklin, WI

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  • Absolute Net Lease with 17 years remaining and ten (5-year) options with increases.
  • Fresh 20-year lease in 2019 which speaks to the strength of the store.
  • Affluent infill Milwaukee MSA market 12.8 miles southeast of Downtown Milwaukee.
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Rite Aid

Calexico, CA

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  • Store is in the top 5% performing locations for Rite Aid nationwide.
  • Near US/MX border where ±7.1M cars and 4.4M pedestrians cross into/out of the US annually.
  • This is the only standalone, national chain drugstore in Calexico.
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Walgreens

Chicago, IL – Western

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  • Strong sales performance with over a 19-year drugstore operating history.
  • Just ±17 miles south of downtown Chicago, part of the Chicago MSA with ±9.6M residents.
  • Located on intersection with ±43,000 VPD and one mile east of I-57 running N/S Illinois.
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CVS

Hanceville, AL

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  • Absolute Net Lease with 16.75 years remaining and ten (5-year) options.
  • Only national brand drugstore within 8-mile radius.
  • Across from 208-bed Hanceville Nursing and Rehabilitation Center.
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CVS

Big Bear, CA

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  • One of two drugstores in Big Bear and only CVS location.
  • Adjacent to only shopping center which is anchored by Vons and Starbucks.
  • Big Bear is the main ski resort destination in So. Cal. with ±3M annual tourists.