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Walgreens 550 S 129th St 14,820 SF Retail Building Bonner Springs, KS 66012 $4,500,000 ($303.64/SF) 9.04% Cap Rate



INVESTMENT HIGHLIGHTS
- Tenant Responsible for ALL CAM, Taxes, Insurance, Roof & Structure – No Landlord Responsibilities
- Walgreens Currently Has +/-10 Years Remaining On Their Firm Term
- Surrounded by Various National Retailers: Price Chopper, Walmart, AutoZone, McDonald’s, Starbucks, Caliber Collision, Ace Hardware
- Adjacent to Old Dominion Freight Line’s Brand New $45 Million Industrial Development Directly North & Interstate 70
- Over-Sized 2.53 Acre Lot with Multiple Points of Ingress/Egress
EXECUTIVE SUMMARY
DATA ROOM Click Here to Access
PROPERTY FACTS
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 14,820 SF
- -
- Triple Net
- Jan 2035
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 | 14,820 SF | - | Triple Net | Jan 2035 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 400700 | Improvements Assessment | $374,048 |
| Land Assessment | $114,430 | Total Assessment | $488,478 |
PROPERTY TAXES
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Walgreens | 550 S 129th St
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