San Antonio, TX (November 21, 2016) –
A 13,302 square foot Net Leased Walgreens – San Antonio has sold for an undisclosed amount.
CLOSING HIGHLIGHTS
The Seller was represented by Brad Motley of KW Net Lease Advisors, a Texas based investment real estate brokerage & advisory firm, and the Buyer was unrepresented.
Walgreens (NASDAQ: WBA) was founded in Chicago, Illinois in 1901.
As of 31 August 2016, Walgreens is part of the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc.
Walgreens is the largest drug retailing chain in the United States. Walgreens provides access to consumer goods and services, plus pharmacy, photo studio, health and wellness services in the United States through its retail drugstores,Walgreens Health Services division, and Walgreens Health and Wellness division.
The company sells prescription and non-prescription drugs, as well as general merchandise products.
Today, Walgreens is taking its products and services to the four corners of the world as part of the Retail Pharmacy USA division of Walgreens Boots Alliance, Inc., the first global pharmacy-led, health and well-being enterprise in the world. Walgreens Alliance Boots was created through the combination of Walgreens and Alliance Boots in December 2014. This transaction brought together two leading companies with iconic brands. Walgreens anticipates capital expenditures to be approximately $1.7 billion in fiscal 2015.
See more about Walgreens including average trading prices, lease details and cap rates.