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    1962 W 1800 N Clearfield, UT 84015

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    For Sale
    Contact for pricing

    Corporate signed Walgreens with over 6 years remaining in Clearfield, Utah.

    Property size:
    14,820 SF
    Lot size:
    1.71 Acres

    Property Features for 1962 W 1800 N

    General Information

    Size
    14,820 SF
    Lot size
    1.71 Acres

    Source: SRS Industrial - Newport Beach Agent Patrick R. Luther, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Walgreens NNN Investment Opportunity

    This is an opportunity to acquire the fee simple interest in a corporate-signed Walgreens investment property located in Clearfield, Utah. The property is subject to an absolute NNN lease with zero landlord responsibilities. The tenant, Walgreen Co., has over 6 years of firm term remaining on its current lease, with 10 (5-year) options to extend. The lease is corporate signed by Walgreen Co. Walgreens operates more than 9,200 stores across all 50 states. The property contains 14,820 square feet.
    Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor SemaConnect Charging Station Electric Vehicle Charging Station COVID-19 Drive-Thru Testing ... Pharmacy Blink Charging Station Electric Vehicle Charging Station FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Walmart Pharmacy, Westside Health Mart Pharmacy, Ryan Lindquist, Seth Clark, Justin Tuckett

    Location Insight

    • Map
    • Local Demand
    City
    Clearfield
    County
    Davis
    State
    Utah
    Longitude
    -112.0636613
    Latitude
    41.1402101

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    FAQs

    What type of property is this?
    Drug store - Corporate signed Walgreens with over 6 years remaining in Clearfield, Utah.
    Where is this drug store located?
    The property is located at 1962 W 1800 N Clearfield, UT.
    What are key features of this property?
    This property features: - Absolute NNN lease offers a management-free investment.; - Corporate signed lease by Walgreen Co. (NASDAQ: WBA | S&P: BBB), an investment-grade tenant.; - Over 6 years of firm term remaining on the current lease.
    (949) 698-1100
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    1962 W 1800 N Clearfield, UT 84015
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1962 W 1800 N Clearfield, UT 84015
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