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Walgreens | Elk Grove, CA 9200 Elk Grove Florin Rd 14,480 SF Retail Building Elk Grove, CA 95624 $4,677,750 ($323.05/SF) 8% Cap Rate
Investment Highlights
- Single-Tenant Walgreens (NASDAQ: WBA); Absolute NNN Lease; Zero Landlord Responsibilities
- Long-Term Operating History at the Property (21+ Years)
- Largest Daily Needs Retail Pharmacy Provider in the United States With Nearly 8,000 Locations
- 4.5 Years Remaining on the Initial Term
- Prototype Store Format With Drive-Thru
- High-Traffic, Hard-Corner Signalized Intersection: The Property Is Located at a Hard Corner, Signalized Intersection
Executive Summary
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
- Car Charging Station
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- Oct 2030
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 | ||
|
|
Retailer | - | - | Oct 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 116-0100-093 | Improvements Assessment | $4,794,000 |
| Land Assessment | $1,860,000 | Total Assessment | $6,654,000 |
Property Taxes
Contact the Sale Advisor
Walgreens | Elk Grove, CA | 9200 Elk Grove Florin Rd