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22127757
22127758

6725 N Glenwood St, Garden City, ID 83714

LM
ID AB31461
Colliers - Boise, Idaho
Listed by Colliers - Boise, Idaho
$4,000,000
467 days on market
Updated 1 day ago

6725 N Glenwood St

Details
Property Type Retail
Sub Type Pharmacy/Drug, Storefront
Square Footage 14,480
Cap Rate 8.25%
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Remaining Term 5
Year Built 2005
Parking Spaces 72 spaces
Parking Per SqFt 4.97

6725 N Glenwood St for Sale

Marketing description

• Absolute NNN—no landlord responsibilities

• Boise is one of the fastest growing MSA’s in the US

• 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

• Adjacent to Walmart and surrounded by national retailers including Albertsons, Ross, Big 5, Verizon, T-Mobile, O-Reilly Auto Parts, Batteries Plus

• Tenant Walgreens is the 28th largest publicly traded company in the US by revenue

Investment highlights

Tenant Profile

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.

Listing Contacts

LM
ID AB31461
Colliers - Boise, Idaho
Listed by Colliers - Boise, Idaho

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