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Walgreens 1641 23rd Ave 14,440 SF Retail Building Greeley, CO 80634 $3,999,000 ($276.94/SF) 10% Cap Rate
Investment Highlights
- Long-Term Lease: Approximately 11.6 years remaining on the original 25-year term, providing stable, long-duration income.
- Prime Parcel: Situated on a ±2.25-acre lot with ample parking, drive-thru pharmacy access, and excellent visibility.
- Minimal Competition: No competing pharmacies within a one-mile radius enhances tenant performance potential.
- Absolute NNN Lease: Zero landlord responsibilities, offering a passive investment structure.
- Strategic Location: Positioned just off 16th Street, a major east-west arterial in a dense residential corridor.
Executive Summary
License No. EC.100099522 (CO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | R3919605 | Improvements Assessment | $664,950 |
| Land Assessment | $151,800 | Total Assessment | $816,750 |
Property Taxes
Contacts
-
Connor Knauer -
Daniel Gonzalez -
Harrison Groom -
Matthews Real Estate Investment Services
Presented by
Walgreens | 1641 23rd Ave
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