Available Property

Walgreens Drugstore
10337 Washington Street
Thornton, Colorado
$7,000,000

The subject property is a freestanding Walgreens Drugstore located in the northern Denver suburb of Thornton, Colorado. The Property consists of a 14,820 sf retail building with drive through lanes on 2.3 acres of land near the intersection of Washington Street & East 104th Ave. Walgreens has access from both Washington St. and 104th Ave. Sharing this intersection are King Soopers Grocery (Kroger), Total Beverage, Anytime Fitness, Burger King, Sally’s Beauty Supply and 1st Bank of Thornton. Within a few blocks of this site are Home Depot, Walmart, Kmart, University of Phoenix, Gander Mountain, AutoZone, Tires Plus, McDonald’s, Texas Roadhouse, Dairy Queen, Starbucks and Taco Bell. Across Interstate 25 are Lowe’s, Best Buy, Old Navy, ULTA, Petsmart, Ross, Sports Authority, Sheppler’s, Goodyear Tire, Applebee’s, Black-Eyed Pea and 7 Eleven. The Property has a corrective action plan in place for an identified environmental condition. The Seller will indemnify the Buyer and set aside funds to guaranty completion of all work and formal sign off by state regulatory agency.

Walgreens Drugstore.
Walgreens is our nation’s leading drug retailer operating 8,200 locations in 50 states, with revenues exceeding $67.4 billion. Walgreens sets the pace for all drugstore retailers in the United States maintaining an A Credit Rating with Standard & Poors and A2 with Moody’s. Walgreens leads the industry in new store development, capital investment and industry innovations. Walgreens boasts 35 consecutive years of record sales and earnings. Prescription sales account for 65% of total sales. Walgreens announced the acquisition of Duane Reade Drugs in New York, giving them a leadership position in the nation’s largest retail market. Walgreens boasted Net Income of $2 billion in 2010. 73% of the population lives within 5 miles of a Walgreens Drugstore. Walgreens filled 788 million prescriptions in 2010 or a 19.5% market share.