The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire the absolute net leased Walgreens in Waltham, MA. Walgreens is the second largest pharmacy chain in the U.S., has been in business over 125 years and serves over 9 million customers daily. Walgreens has successfully occupied this location since 1992, has over 11.9 lease years remaining in the primary term with twelve 5-year option periods and benefits from zero landlord responsibilities.
The 14,279 SF building on 1.43-acre parcel is positioned on the hard corner signalized intersection of Weston Street and South Street which sees a combined traffic count exceeding 29,000 VPD and is directly adjacent Main Street which sees over 24,900 VPD.
Waltham is located within the Massachusetts Supercluster, a global powerhouse of economic activity driven by the dense concentration of biotech, pharma and tech firms. Anchored by world-class institutions like MIT and Harvard, providing a constant stream of talent and research, this area receives billions in funding every year from both venture capital groups and the National Institute of Health.
Don’t miss out on the excellent opportunity to purchase a top performing Walgreens within 16 miles of Boston on a long-term lease with no landlord responsibilities providing effortless cash flows for years to come.