The Walgreens in Brick, New Jersey offers investors the opportunity to acquire a long-term, net-leased asset backed by one of the nation’s most established pharmacy and health-retail operators. The property is positioned along one of Brick Township’s primary retail corridors, surrounded by major national retailers such as Walmart, Home Depot and Trader Joes, ensuring strong consumer draw and consistent daily traffic. Walgreens benefits from excellent visibility and convenient site access and provides investors with predictable income, no landlord responsibilities, and strong locational attributes, with high-visibility, hard corner positioning.
The lease generates an annual rent of $417,718, backed by Walgreens’ investment-grade corporate guarantee (S&P BBB). Situated within a mature, high-income suburban trade area, the asset offers a secure, passive investment underpinned by strong market fundamentals and a durable national credit tenant.