Walgreens Absolute NNN Investment

Walgreens | East Norriton, PA

Sands Investment Group is Pleased to Present Exclusively For Sale the 13,650 SF Walgreens Absolute NNN Investment Located at 3300 Dekalb Pike in East Norriton, Pennsylvania. The Current Lease Has Nearly 10 Years Remaining Term With Multiple Options to Extend. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With an Investment Grade Tenant (S&P: BBB) and Corporate Guarantee.

  • Absolute Triple Net (NNN) Lease Which Allows For a True Passive Investment With Zero Landlord Responsibilities
  • Investment Grade Tenant (S&P:BBB) With a Corporate Guarantee
  • Strong Fundamental Real Estate With Multiple Points of Access and Attractive Curb Appeal
  • Strong Guarantor – Walgreens Co. a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ:WBA) Reported Total Revenues in Excess of $139 Billion in the 2020 Fiscal Year
  • Full-Service Location With a Double Drive-Thru Format; The Store Offers Curbside Pickup and Delivery
  • Signalized Access, on a Hard Corner Location With Excellent Visibility on Dekalb Pike Which Sees Over 15,166 VPD
  • Strong Medical Drivers Include Multiple Hospitals Nearby: Abington Health Center, Einstein Medical Campus in Montgomery and the Suburban Community Hospital
  • Strong Corporate Presence – More Than 8,000,000 SF of Office Space Within a 3-Mile Radius, Including Headquarters of Unisys and Arraya Solutions
  • Strong Demographics With Over 164,531 Residents and an Average Household Income of More Than $114,849 in the 5-Mile Radius
  • Situated Within a Top MSA; Philadelphia is the #8 Ranked Metropolitan Statistical Area in the Country
  • Nearby Tenants Include: Walmart, Whole Foods, Giant, Dick’s Sporting Goods, Starbucks, Chick-fil-A, T.J. Maxx, ShopRite and More

In Cooperation With Sands Investment Group Philadelphia, LLC – Lic. # RB069072

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