Walgreens Properties For Sale
Walgreens is one of the largest pharmacy store chains in the United States, offering a wide range of pharmaceutical services, health and wellness products, and convenience items. As a net lease investment, Walgreens properties are known for their prime locations, long-term leases, and strong corporate backing.
Properties Available
74
Average Cap Rate
6.8%
Based on 74 properties with cap rates
Highest Cap Rate
8.4%
Total Portfolio Value
$345,553,083
74 PropertiesShowing all available properties
Walgreens
$105,690
8.2 years
Walgreens
$127,000
7.2 years
Walgreens
$125,939
8.7 years
Walgreens
$200,000
8.1 years
Walgreens
$203,580
8 years
Walgreens
$217,000
29.9 years
Walgreens
$202,860
12.2 years
Walgreens
$222,300
12.9 years
Walgreens
$251,940
9.7 years
Walgreens
$226,845
12.9 years
Walgreens
$237,120
13.2 years
Walgreens
$237,120
12.2 years
Walgreens
$232,800
12.2 years
Walgreens
$244,530
13.2 years
About Walgreens Net Lease Properties
Walgreens is one of the largest pharmacy store chains in the United States, offering a wide range of pharmaceutical services, health and wellness products, and convenience items. As a net lease investment, Walgreens properties are known for their prime locations, long-term leases, and strong corporate backing.
With an average cap rate of 6.8%, Walgreens properties offer attractive returns for investors seeking reliable income streams. The 74 available Walgreens properties represent a total portfolio value of $345,553,083 across 28 states.
Net lease investments with Walgreens as the tenant provide numerous advantages including corporate-backed lease guarantees, predictable cash flow, and minimal management responsibilities. These properties are ideal for 1031 exchange buyers, institutional investors, and individual investors seeking passive income.
Why Invest in Walgreens Properties?
Strong Tenant Credit
Walgreens properties are backed by a creditworthy tenant with a proven business model, reducing the risk of lease defaults and ensuring consistent rental income for property owners.
Triple Net Lease Structure
Most Walgreens properties feature NNN lease structures where the tenant pays property taxes, insurance, and maintenance costs, providing truly passive income for investors.
Long-Term Lease Terms
Walgreens locations typically feature lease terms of 10-20 years with rental escalations built into the agreement, protecting investors against inflation and providing predictable long-term income.
Prime Real Estate Locations
Walgreens properties are strategically located in high-traffic areas with strong demographics, ensuring property value appreciation and tenant success over time.
Walgreens Property Investment Insights
Investors considering Walgreens net lease properties should understand the key metrics that drive value in this asset class. Cap rates for Walgreens properties currently range from 4.2% to 8.4%, with pricing ranging from $1,457,793 to $9,621,818.
The Walgreens properties available on our platform are located across AZ, CA, CO, CT, FL and 23 other states, offering geographic diversification for investors building a net lease portfolio. Each listing includes detailed property information, financial metrics, and location data to help you make informed investment decisions.
Whether you are a first-time net lease investor or an experienced commercial real estate professional, Walgreens properties offer a compelling combination of tenant quality, lease structure, and return potential. Contact us today to learn more about specific Walgreens investment opportunities or to schedule property tours.
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