Walgreens
Walgreens (NASDAQ: WBA) is rated “BBB” by S&P’s – Investment Grade Credit
• New 10 Year Lease Extension with 8 – 5 Year Options Remaining
• 10 Years Firm Remaining – Minimal Landlord Responsibilities
• Over $131 Billion in Corporate Revenue – Net Income Over $5 Billion
• Ranked 17th in Fortune Global 500 – 2nd Largest Pharmacy Store Chain in U.S.
Nearby National Tenants Include
• Walmart Supercenter, Publix, The Home Depot, Lowe’s, Palatka Mall
• Subject Property is Positioned Directly in Front of Palatka High School (1,200+ Students)
• Located Across from St. Johns River State College (~10,900 Students)
• Demographics – Over 23,000 Residents within a 5 Mile Radius
• AHHI Over $52,200 within a 5 Mile Radius