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6725 N Glenwood St 14,560 SF Retail Building Garden City, ID 83714 $4,000,000 ($274.73/SF) 8.25% Cap Rate
Investment Highlights
- Absolute NNN—no landlord responsibilities
- Located at one of the highest traffic intersections in Idaho with 41,000 AADT on W State Street and 36,000 AADT on N Glenwood Street
- Boise is one of the fastest growing MSA’s in the US
- Adjacent to Walmart and surrounded by national retailers including Albertsons, Ross, Big 5, Verizon, T-Mobile, O-Reilly Auto Parts, Batteries Plus
Executive Summary
Walgreens is the second largest in the United States, behind CVS Health’s CVS Pharmacy. It specializes in filling prescriptions, health and wellness products, health information, and photo services. It was founded in Chicago in 1901, and is headquartered in the Chicago suburb of Deerfield, Illinois. On December 31, 2014, Walgreens acquired Switzerland-based Alliance Boots. Walgreens employs approximately 312,000 people worldwide.
Property Facts
Amenities
- Pylon Sign
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Retailer
- -
- -
- -
Walgreens Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | S0524428250 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $809,800 |
Property Taxes
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6725 N Glenwood St