Walgreens
Absolute Net Lease | Top-Performing Store | Attractive Population Density
Investment highlights
• Absolute net lease | Zero landlord responsibilities
• Desirable lease term | 12 years remaining
• Corporate lease | Walgreen, Co. | 8,048 locations across the US
• Top-performing store | Ranks in the 85th percentile nationwide for number of visits via Placer.ai
• Less than 1 mile from Cummings Center | Thousands of daily employees and visitors drawn to a dynamic hub of corporate headquarters, medical offices, software firms, research labs, and micro-businesses | Driving consistent daytime traffic and economic vitality
• Affluent surrounding area | $134,463 average household income within a 3-mile radius
• Great visibility & access from Elliot St & Rantoul St | Signalized corner intersection | 24,000 VPD
• Located inside of dense retail corridor | 1.6M SF within a 2-mile radius
• Stable population growth within 1-mile | 10.82% from 2010-2025
• Attractive population density within a 5-mile radius | 179,830 residents
• Large parcel | 1.16 acres
• 5 minutes from Beverly Hospital | 373 beds
• 5 minutes from Endicott College | 4,100 students
• 1 mile from Beverly High School | 1,250 students
• 10 minutes from Beverly Regional Airport | Public-use reliever airport strategically positioned to absorb overflow from Logan International Airport
• Nearby destination retailers | Target, Whole Foods Market, Trader Joe’s, Home Depot, BJ’s Wholesale Club, Dick’s Sporting Goods, At Home, Staples, Outback Steakhouse, CAVA, Panera Bread, McDonald’s, Burger King, Taco Bell, Wendy’s, Dunkin’, Five Guys, and more
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