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Walgreens | Corporate NN 11297 Lake Forest Blvd 14,920 SF Retail Building New Orleans, LA 70128 $2,989,000 ($200.34/SF) 9.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Lease | Percentage Rent
- Top-Performing Walgreens Store
- Prime Corner Location | Excellent Access to Major Thoroughfares
- NN Lease | Minimal Landlord Responsibilities
- Dense Retail Corridor | Complementary National Tenants
- Strong Demographics | Affluent and Established Trade Area
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Freeway Visibility
- Signage
- Drive Thru
- Monument Signage
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 3-9W-0-165-93 | Improvements Assessment | $449,300 |
| Land Assessment | $49,600 | Total Assessment | $498,900 |
PROPERTY TAXES
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Walgreens | Corporate NN | 11297 Lake Forest Blvd
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