The subject property is a Walgreens Drugstore located along Loop E470 at Smokey Hill Road in the Denver suburb of Aurora, Colorado. The site is across the intersection from the exclusive Southlands Lifestyle Center, a premier 1.7 million sf fashion, dining and entertainment center. Southlands is a 4 block Main Street with retailers Wal*Mart, Sam’s Club, TJ Maxx, Michael’s, Bed Bath & Beyond, Best Buy, Chili’s, Cinema 16 Theater, Cost Plus, Ethen Allen, JC Penney, PF Chang’s, Pier 1 Imports, Petco, Office Depot, Barnes & Noble, Banana Republic, Sports Authority, The Gap, Old Navy, On The Border, Ted’s Montana Grill, Wells Fargo and more. This dynamic southeast suburb will be built out with thousands of new homes.

Tenant: Walgreens Company
Walgreens is our nation’s leading drug retailer operating 5,750 stores in 48 states, with revenues nearing $53 Billion.  Walgreens sets the pace for all drugstores in the United States maintaining an A+ Credit Rating with Standard & Poors and Aa3 with Moody’s.  Walgreens leads the industry in new store development, capital investment and industry innovations.  Walgreens boasts 32 consecutive years of record sales and earnings.  The Company increased its market share in 58 of its top 60 product categories compared to food, drug and mass merchandise competitors. Prescription sales accounted for 64% of total sales in 2006. Comparable store sales increased 7.7% and Earnings increased by 12.3% during 2006.