This Walgreens portfolio of six strong performing stores is located across six states – Virginia, Georgia, North Carolina, Maryland, Massachusetts, and Texas. A publicly-traded company, Walgreens, enjoys an S&P Credit Rating of BBB and is ranked #17 in the Fortune 500 Companies (2019). In 2018, the company generated a revenue of $131.537 billion and a net profit of $5.024 billion. Present in all 50 states, the District of Columbia, Puerto Rico, and Guam, Walgreen Co. operates over 8,200 stores. The company also consists of worksite health centers, provides home care facilities, and specialty and mail service pharmacies.
This Walgreens portfolio has six long term fee-simple absolute NNN leases with zero landlord responsibilities.
This investment portfolio is suitable for a 1031 exchange.
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