- This CVS lease has over 14 years of firm term before the next option with no rent holiday.
- This is only the CVS location for over 23 miles.
- Less than 2 miles from the Mayo Clinic Health System - Red Cedar, which serves residents of Menomonie and surrounding cities like Eau Claire, Barron, Chippewa Falls and more.
- Located less than 0.5 mile from the University of Wisconsin-Stout, a public university with approximately 7,000 students.
- Estover Terrace, a 13 building community consisting of 136 multi-family units, was recently completed and is located less than 2 miles from the subject property.
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- The lease allows for fixed rent increases every five years in the option periods.
- Located along Lake Placid's main commercial corridor, the property is situated at the corner of US Route 27 and East Interlake Boulevard, with a combined average daily traffic count of 27,900 VPD.
- The closest CVS is located approximately 13 miles away.
- Located 2 miles away, Amazon is building a brand new, 75,000 square foot delivery station, expected to be operating in the Fall of 2025.
- CVS has been operating out of this location for over 26 years and are currently in their 2nd Option with 2 (5-Year) option periods remaining.
- Walgreens lease runs through July 31, 2028, with ten (5-year) renewal options and no landlord obligations.
- Co-tenancy with VillageMD signals Walgreens’ targeted investment in this location as part of its national healthcare expansion strategy.
- Average household income of $117,577 within a 1-mile radius and a population of over 94,000 within 5 miles.
- One of only two CHIPS Zones in the state, providing refundable tax credits for semiconductor-related businesses and reinforcing the area’s economic foundation.
- Surrounded by major employers including Seagate, AMD, Micron, and over 40 tech, aerospace, and hardware companies.
- The property is leased through September 30, 2030 under an Absolute Net Lease (NNN) with no landlord responsibilities whatsoever.
- Within a 5-mile radius, the population exceeds 283,000 with 109,716 households and an average household income of approximately $89,000.
- Located at the intersection of Pacific & East 56th Avenue, with ±32,981 vehicles per day.
- Situated in the Seattle-Tacoma MSA, one of the fastest-growing regions in the Pacific Northwest, with access to I-5 and proximity to downtown Tacoma and Joint Base Lewis-McChord.
- Listed by Brian Brockman, Bang Realty - Arizona Inc, 513-898-1551, [email protected], AZ DRE Lic. BR691523000.
- Scheduled 5% rent increase in 2029 from the current $389,675.76 annually, to $409,159.56.
- Chandler Regional Medical Center, less than 1 mile from the property, operates 429 beds within the Dignity Health system and provides a steady customer base for the property's pharmacy segment.
- Located 2 Miles NE from where Loop 101 and Loop 202 Intersect. The property is situated on the signalized hard corner of N Dobson Rd and W Chandler Blvd, combining for over 61,000 vehicles per day.
- New Multi-Family developments ‘Alta Uptown’ and ‘Encore Novo’, are within 3.5 miles of the property, bringing over 630 new units to the market.
- The property sits 4.5 miles to the north of Intel's semiconductor campus which is home to 10,000 employees.
- This CVS lease has over 9 years guaranteed rent before the next option with no rent holiday.
- The lease has 5% rental increases at the first 2 (5-year) options.
- Approximately 2.5 miles southeast of McBride Orthopedic Hospital (68 beds). Additional healthcare providers in this market include Community Hospital North, Thunder ION Saints Dermatology Surgery Center, ClearChoice Dental Implant Center, and Ameripath Diagnostic Laboratory.
- Casady School, located adjacent to the property, enrolls approximately 1,020 students in pre kindergarten through the 12th grade.
- Nearby major employers include Love’s Travel Stops & Country Stores Headquarter (1,500 employees) and Integris Health.
- Approximately 835,000 square feet of commercial space within a one-mile radius, anchored by Walmart and other national retailers.
- This CVS lease has no rent holiday featured and has over 9 years of guaranteed rent before the next option.
- Starting in 2035 there is a 10% increase and then 10% increases at each of the 8 (5 year) options.
- Located in a high-income trade area with the average household income exceeding $102,000 within a 1 and 3-mile radius.
- This store ranks in the top 30% of foot traffic per Placer. Ai, for all CVS stores in the state of Illinois.
- Subject property is located in a dense infill location in Chicago with over 332,000 households with an average household income of over $102,000 within a five-mile radius.
- Located in a densely populated area of the Chicago MSA which has a population of over 9.4 million people and is the third largest MSA in the United States.
- Situated across the intersection from Community First Medical Center, which has 299 licensed beds.
- This CVS lease has no rent holiday featured and has over 11 years of guaranteed rent before the next option.
- The lease has 10% rental increases at the first 2 (5 year) options.
- CVS is responsible for all of the building and property expenses.
- Located approximately 2.2 miles from Texas A&M University–Corpus Christi, with 10,855 students and employing over 700 faculty and staff.
- Close proximity to Naval Air Station Corpus Christi, the largest employer in the area, providing approximately 5,525 civilian jobs, primarily in flight training operations.
- Positioned along South Alameda Street with visibility to over 36,000 vehicles per day, serving over 193,000 residents within a five-mile radius.
- Close to major hospitals, including Corpus Christi Medical Center-Doctors Regional (250 beds, 0.5 miles), Driscoll Children’s Hospital (225 beds, 0.6 miles), CHRISTUS Spohn Hospital–Shoreline (549 beds, 2.5 miles), and CHRISTUS Spohn Hospital–South (158 beds, 3.6 miles).
- The lease calls for five 10-year options, with rental increases every 10 years.
- Walgreens has a history of strong front end sales and is reporting volumes of approximately $3M.
- Within a 5 mile and 10 mile radius there is approximately 75,000 residents and 175,000 residents respectively. Average household incomes range from $70,000 to $80,000 in a 5 mile radius.
- The property is the only Walgreens property inside the I-35W, HWY 13 W, and HWY 169 freeway loop in West Bloomington, for over 3.5 miles.
- Over 10.6 million square feet of existing industrial space is within 3 miles of the property, with a vacancy rate under 3%.
- The property is located 13 miles from Downtown Minneapolis and benefits from being located within the 16th largest metropolitan area in the United States, with over 3.7 million residents.
- The property is situated at the signalized hard corner of W Old Shakopee Rd and France Ave S, with over 37,000 vehicles per day.
- Listed by Brian Brockman, Bang Realty - Inc, 513-898-1551, [email protected], VA DRE Lic. 225245999.
- Walgreens has been operating at this location since 1999, and in 2019, Walgreens renewed its first 5-year option. In 2024, Walgreens restructured its lease early, extending the firm lease term to 2034.
- Two hospitals totaling 540 beds are both within 2 miles of the property.
- Within 3.5 miles there are currently over 350 new units under construction.
- Situated at a signalized intersection with a combined traffic count of 37,000 vehicles per day.
- There is more than 4.8 million square feet of existing retail space within 2 miles of the property.