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                  "General economic uncertainties have caused a "flight to quality" in the investment market...
                         Walgreens is one of the first choices in real estate..."

   


 

BUYERS: Contact us for a list of deals with
"direct from developer" pricing.

 LAND OWNERS: Please send
us your corner lots to see if they could work as
a new Walgreens store.

1.877.2.dan lem   1.877.232.6536 
dan@lemrealestate.com

  


LEM Real Estate Advisors specialize in the sale of real estate occupied by Walgreen Company. The leases with Walgreens have been referred to as "bulletproof" or "bond absolute triple net" where the tenant pays for all expenses including property taxes, insurance, and maintenance (please check with us for exceptions).

Walgreens real estate is especially suited for 1031 exchange buyers and high net worth investors as these are "no headache" net net net properties. And if the exchanger is running out of time on their ID period this is the perfect place to "park" their money as these properties are simple, have only one lease with a national credit tenant, and are generally easier to re-sell than other types of real estate.

The real estate which Walgreens chooses are generally free standing corner buildings on lighted intersections and are usually the best locations in a major or secondary metro market where plenty of "rooftops" exist.

More about the tenant - Walgreen Company:

Founded in 1901. Walgreens provides the most convenient access to consumer goods and services, and pharmacy, health and wellness services, in America. The company has recorded 33 consecutive years of record sales and earnings.

Walgreens pioneered many modern store and pharmacy features, some of which have become standards in the industry. Among those concepts are:

  • Computerized pharmacies connected nationwide and freestanding stores with drive-thru pharmacies.
  • "Touch-Tone Refills"; patients can use an  automated phone system to request prescription refills and a pickup time as well as prescription label instructions printed in any of 14 different languages.
  • "Express Pay"; which allows prescriptions to be automatically charged to the patient's credit card. This helps speed up the transaction and makes it easier for caregivers to pick up the patient's prescription.

Walgreens is a Fortune "50" national credit tenant with an S&P "A" rating.  The company is listed among Fortune Magazine´s "Most Admired Companies", the "Platinum 400 List" and "40 Best Stocks to Retire On".

For more information about Walgreen Company please click here 

Walgreens, CVS, or Rite Aid?  Which tenant is best in 2009? click here 




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