Westwood Net Lease Advisors
NNN Drug Store & Retail Pharmacy Properties
Drug stores and retail pharmacies are low-risk, prime net lease opportunities. These iconic investments gain much of their value from their real estate, as they are usually located on generous 1- to 2-acre hard-corner parcels for maximum visibility and property value.
Retail pharmacies, such as Walgreens, continue to add locations and offer long-term, corporate-guaranteed, no-maintenance leases for up to 20 years, making them a lucrative choice for a new or savvy CRE investor. Drug store NNNs typically sell in the region of $4–7 million, and make a solid 1031 exchange option for those who want to leave behind high-maintenance property ownership.Â
The "sold" NNN drug store properties listed here are those we have helped our clients purchase recently. Here you can see the price ranges, cap rates, lease types, and locations to get a feel for what drug store properties are available. For the best NNN investing experience, engage a Westwood Net Lease Advisor to represent your best interests from before the property search through closing, and thereafter. Our buyer representation is free.
Please use the search tool to target properties you are interested in learning more about and be sure to contact us for further assistance, 314-997-5227.
Drug Stores & Retail Pharmacy Blogs
Westwood’s NNN Tenant of the Quarter – Walgreens
Walgreens’ 120-year commitment to convenience, quality, and growth, its financial strength, and the company’s essential, virtually recession-proof health and daily living stores, combined with its prime real estate and triple-net (NNN) lease investment opportunities...
Walgreens with 10-Year Flat NNN Lease Sells Quickly
Sale price: $4, 815,000 Closing date: December 20, 2019 Cap rate: 6.43% Partnership Sells Walgreens NNN Property in 1031 Exchange A two-person partnership was looking to diversify their real estate portfolio with properties that carried longer leases than the ten...
Will Amazon’s Purchase Of PillPack Harm the Brick and Mortar Pharmacy Industry?
If you’ve heard about the new Amazon deal acquiring PillPack for $1 billion - as well as the downturn of stocks from Walgreens, CVS, and Rite-Aid - then you might be worried about investments in triple net brick and mortar pharmacy franchises. The truth is that while...
Complete this no-obligation form to start your triple net investment journey.
Triple net lease properties sell fast and many are never listed on the open market. Just the same, new builds and prospecting developers rarely publicize. To locate the right net lease property for you and maximize your efforts, complete this form (with no obligation) to let us know what kind of investment opportunity you are looking for. We will find your perfect match, at no cost to you.



















