Walgreens - 1.5 Miles from Medical Center (101 Bed Facility)
High Performing Location - $4.5M in Store Sales
Investment highlights
» Absolute Net Lease (No Landlord Responsibilities): 13 Years Remaining on Recently Signed 15-Year Term. Lease
Features Rare 5% Rental Increases Every 5 Years.
» Signalized Hard Corner Location: Walgreens is Located at McLoughlin Blvd & West Arlington Street Overseeing
41,600+ Vehicles Per Day. McLoughlin Blvd is the Most Traveled Thoroughfare in Gladstone and Connects to Portland.
» Near Major Hospital: 1.5 Miles from Walgreens Resides Providence Willamette Falls Medical Center A 101 Medical Bed
Facility, the Largest Hospital in the Region.
» Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S.
Virgin Islands.
» Strong Demographics: The 5-Mile Trade Area Supports Over 181,400+ Residents with an Average Household Income
Exceeding $113,241.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
