Walgreens Huntington, IN

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Property

Overview

This 14,660 square foot NNN Walgreen’s is strategically located at the hard, signalized intersection of N Jefferson Street (the major artery in the trade area) and Macgahan Street. Neighboring retailers include Walmart, JCPenney, Hibbet Sports, Big Lots, Dollar General, Aldi’s, and CVS.

The Walgreens features a drive-thru and has excellent visibility and signage. Walgreens has successfully operated at this location since 2001 and has over 9 years remaining on their primary lease term. Walgreens is committed to this location as evidenced by their recent lease extension.

Walgreens is the largest drug retailing chain in the United States and has over 8,175 locations in the United States. Walgreens is publicly traded on the Nasdaq Stock Market (symbol: WBA) with a market capitalization in excess of $88 billion. Both Walgreen Co. and Walgreens Boots Alliance, Inc. are investment grade rated each with a Standard & Poor’s rating of BBB.

Key Facts

  • Property

  • • 14,660 square feet
  • • Drive-thru
  • • Long-term history at property (since 2001) with recent lease extension
  • • Over 9 years remaining on lease-term
  • Walgreen's

  • • Investment grade tenant (S&P BBB)
  • • Publicly traded on the Nasdaq (symbol: WBA)
  • • Market cap in excess of $88 Billion
  • • Growing retailer with pending deal to acquire 2,168 stores from Rite-Aid (RAD)

Address

1804 Jefferson St.
Huntington, IN 46750

Location

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Demographics

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Demos

Overview

1 Mile 3 Mile 5 Mile
Population 8,195 20,148 23,166
Households 2,999 7,647 8,785
Average Household Income $53,141 $55,002 $57,763

Team

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Nathan Whalen

Marcus & Millichap
317.218.5329 nathan.whalen@marcusmillichap.com

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