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Walgreens Portfolio of 6 (Midwest) 6 Retail Properties Offered at $33,257,400 CAD in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • Long Term Occupany History (over 20 years)
  • Geographic Diversification
  • Freestanding Stores with 5 year options

EXECUTIVE SUMMARY

Seneca Real Estate Group, in co-operation with Northmarq Commercial, is pleased to present to qualified investors the opportunity to acquire a six-property Walgreens stores spanning Missouri, Michigan, Indiana, Illinois, North Carolina, and Wisconsin (“The Portfolio”). Leased to Walgreen Co., a wholly owned subsidiary of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the Portfolio offers investors a diversified income stream supported by Walgreens’ long-term occupancy, with all six locations operating continuously for over 20 years—demonstrating consistent demand and stable tenancy across the Portfolio. Each Property is a freestanding, high-visibility location situated on a signalized hard corner with strong traffic counts and entrenched retail demand. The Portfolio combines stable, in-place cash flow with strategic lease rollover creating a compelling mix of downside protection and value-add upside. For more information, please download the Portfolio OM or contact LA directly.

PROPERTY FACTS

Price $33,257,400 CAD
Price / SF $393.75 CAD / SF
Cap Rate 7.95%
Sale Type Investment NNN
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 84,463 SF
Total Land Area 10.06 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
Walgreens
120 E Main St, Streator, IL 61364
Retail 13,000 SF 1994 -
Glendale Town Center
6191 N Keystone Ave, Indianapolis, IN 46220
Retail 14,520 SF 2001 -
250 E 4th St, Eureka, MO 63025 Retail 14,560 SF 2004 -
3915 S Noland Rd, Independence, MO 64055 Retail 15,120 SF 2000 -
542 River Hwy, Mooresville, NC 28117 Retail 14,454 SF 2001 -
S79W18885 Janesville Rd, Muskego, WI 53150 Retail 12,809 SF - -
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  • Listing ID: 35704592

  • Date on Market: 2025-05-01

  • Last Updated:

  • Address: Walgreens Portfolio of 6 (Midwest), Independence, MO

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