November Capital / May 18, 2023
Some recent Walgreens activity throughout the country.
5/9/2023 – Walgreens – The Villages, FL – Lease with 4 years remaining sells for $3.8M (7.21% Cap Rate)
5/3/2023 – Walgreens – Orlando, FL – Lease with 15 years remaining sells for $5.5M (4.80% Cap Rate)
4/12/2023 – Walgreens – Santa Rosa, CA – Lease with 15 years remaining sells for $6.98M (5.20% Cap Rate)
3/31/2023 – Walgreens – Altomonte Springs, FL – Lease with 5 years remaining sells for $7.36M (6.00% Cap Rate)
3/28/2023 – Walgreens – Miami, FL – Lease with 15 years remaining sells for $9.38M (5.00% Cap Rate)
3/28/2023 – Walgreens – Sugar Grove, IL – Lease with 17 years remaining sells for $6.59M (5.50% Cap Rate)