Overview
Walgreens is one of the leaders in the drugstore industry, with over 9,000 locations in all 50 states. Walgreens offers long lease terms of 25 years with options to last up to 75 years, but often without rental escalations. Their average lot size is from 1.5-2 acres and the average building size is 13,000 – 15,000 square feet. On average, each Walgreens location will bring in around $8.5 million in sales.