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Walgreens 1801 N Olden Ave 14,680 SF Retail Building Ewing, NJ 08638 $6,490,700 ($442.15/SF) 8.75% Cap Rate



Investment Highlights
- Corporate Guaranty
- Strong Retail Corridor with Exceptional Visibility
- Densely Populated, Transit-Connected, and Affluent Area
- Long Remaining Lease Term
- Absolute NNN Expense Structure
- Highly Educated Workforce Coupled with Major Employers
Executive Summary
Property Facts Under Contract
Amenities
- Pylon Sign
- Security System
- Wheelchair Accessible
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- -
- Triple Net
- Sep 2037
Walgreens is a U.S.-based retail pharmacy chain that provides prescription dispensing, health services, and a broad range of retail products. The company was founded in 1901 by Charles R. Walgreen in Chicago, Illinois. Over time, Walgreens expanded from a single neighborhood pharmacy into a national retail and healthcare platform operating under a direct-to-consumer model. Walgreens became part of a global retail pharmacy organization following the 2014 transaction that formed Walgreens Boots Alliance. The company continues to operate its U.S. pharmacy and retail business under the Walgreens brand and maintains its corporate headquarters in Deerfield, Illinois. Walgreens operates as a subsidiary within a larger corporate structure and is publicly traded through its parent company.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Retailer | - | - | Triple Net | Sep 2037 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00118-0000-00045 | Improvements Assessment | $3,910,600 |
| Land Assessment | $846,000 | Total Assessment | $4,756,600 |
Property Taxes
Presented by
Walgreens | 1801 N Olden Ave
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