

4030 Annas Retreat
7.80% Cap Rate | Strong Sales | NNN
Marketing description
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens located in Saint Thomas, Virgin Islands. Walgreens operates under a long-term lease running through July 2038 and has successfully occupied this location since 2013. The absolute triple-net lease carries zero landlord responsibilities. The property is situated on a large 2.18-acre parcel. This is a strong performing location – contact broker for more details.
The 15,660 square-foot building benefits from its position as the only Walgreens location within the entire U.S. Virgin Islands, situated just off Weymouth Rhymer Highway, one of the island’s main thoroughfares. The subject property is surrounded by a lineup of nationally recognized tenants, including The Home Depot, Ford, Toyota, Kmart, AutoZone, McDonald’s, Tire Kingdom, Advance Auto Parts, and several others. Furthermore, the property is located within proximity to Charlotte Amalie, one of the most visited cruise ports in the Caribbean, which draws over 1.5 million visitors annually. Tourism supplements a stable resident population of approximately 52,000, giving Saint Thomas one of the highest per capita incomes in the Caribbean.
Founded in 1901 by Charles R. Walgreen Sr. in Chicago, Walgreens is one of the largest retail pharmacy chains in the United States, serving nearly 9 million customers and patients each day across approximately 8,500 stores nationwide and in U.S. territories. Headquartered in Deerfield, Illinois, the company offers a broad range of products and services including prescription medications, over-the-counter health products, beauty and personal care items, and photo services. In August 2025, Walgreens began operating as a private standalone company following its acquisition by Sycamore Partners, a leading private equity firm based in New York.
Investment highlights
- Strong performing location – contact broker for more details
- Absolute triple net lease, zero landlord responsibilities
- Long-term lease running through July 2038
- Successful operating history at this location since 2013
- Large 2.18-acre land parcel
- This is the only Walgreens location within the U.S. Virgin Islands
- Walgreens is now a portfolio company of Sycamore Partners, who has nearly$14 billion in assets under management
- Just off Weymouth Rhymer Highway, one of the island’s main thoroughfares
- Surrounded by Nationally recognized tenants including The Home Depot, Ford, Toyota, Kmart, AutoZone, McDonald’s, Tire Kingdom, Advance Auto Parts, & several others
- Charlotte Amalie is the most visited cruise ports in the Caribbean, drawing over 1.5 million visitors annually who supplement a stable resident population of approximately 52,000, giving Saint Thomas one of the highest per capita incomes in the Caribbean
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