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Walgreens | New 15yr Abs NNN w/ Incrs 280 San Antonio Ave 13,436 SF Retail Building Many, LA 71449 $3,120,000 ($232.21/SF) 7% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Zero Landlord Responsibilities
- Corporate Guarantee - Backed by Walgreens Boots Alliance
- Prime Signalized Hard Corner - ±20,700 Combined Vehicles Per Day Along San Antonio Avenue and Hill Street
- 5% Rental Increases Every 5 Years -Throughout the Primary Term and Option Periods
- 13.5 Years of Firm Term Remaining
- Surrounded by National Retailers - McDonald’s, Burger King, Taco Bell, Tractor Supply Co., AutoZone, and O’Reilly Auto Parts
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
- -
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 | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0043087100 | Improvements Assessment | $181,224 |
| Land Assessment | $43,780 | Total Assessment | $225,004 |
PROPERTY TAXES
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Walgreens | New 15yr Abs NNN w/ Incrs | 280 San Antonio Ave
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