2600 Vine St
Hays, KS 67601
Walgreens · Retail Property For Sale

Pharma Property Group has been exclusively retained by ownership to present for sale the opportunity to acquire the Walgreens property located in Hays, Kansas. This property is available for purchase and operates on an absolute net lease basis with over eight years remaining on the primary lease term, including ten (5-year) options to follow. Income guaranteed by Walgreens corporation (S&P BBB) investment grade Fortune 500 Company with over 9,500 locations. This location is reporting exceptional sales volumes that are roughly 20% higher than the average Walgreens store. This Walgreens is the only national chain drugstore in the city. The closest CVS is over 92 miles away and there are no Rite Aids in the state of Kansas. The store is open until 11:00 PM on weekdays. The subject property is located on the main retail corridor through Hays with national retail tenants including Walmart, Home Depot, Sears, JCPenney, Bath & Body Works, AMC Theaters, Dollar Tree, Starbucks, Sonic, Taco bell, Pizza Hut and Dairy Queen. The property is located at the signalized corner of Vine Street and 27th Street, with a combined traffic count of 23,570 vehicles per day. Highway I-70 is located approximately three blocks north of the subject property, with approximately 17,930 vehicles per day. Hays is home to Fort Hays State University and Kansas State University Agricultural Research Center, both of which are educational draws to the region.