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.
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.
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.