1804 N Jefferson St
Huntington, IN 46750
Walgreens · Retail Property For Sale

Marcus & Millichap is pleased to exclusively present this single-tenant, 15,125 square foot Walgreens Pharmacy located in Huntington, Indiana. This absolute net lease calls for zero landlord responsibility from the Landlord as Walgreens pays for all expenses associated with the property, and is responsible for the roof and structure of the building. The lease is guaranteed by Walgreen Co., the nation’s largest drugstore chain that ranks #19 in the Fortune 500. Walgreens currently pays $319,500 in annual rent. They have eleven, five-year options to renew at the same rent. The building has excellent exposure and is highly visible along U.S. 224 at the signalized intersection of U.S. 224 and Macgahan Street. CVS is across the street along with McDonald’s and Burger King, and Huntington Plaza anchored by Big Lots, Goody’s, Dollar General, Goodwill, Aaron’s Rents, Western Union, Papa John’s and several others. Huntington North High School sits behind Huntington Plaza and adjacent to Walgreens. Huntington University is less than a quarter mile from the Walgreens as well. There is a Walmart Supercenter on the North side of U.S. The Walgreen Company, simply “Walgreens”, is the 2nd largest pharmacy store chain in the United States behind CVS. It operates over 8,175 locations in all 50 states.