Walgreens NNN Investment
For Sale
Contact for pricing
1962 W 1800 N, Clearfield, UT
Corporate signed Walgreens with over 6 years remaining in Clearfield, Utah.
Property Size14,820 SF
Lot Size1.71 Acres
Days on Market874
Property Features for 1962 W 1800 N
General Information
Standard status
Active
Size
14,820 SF
Lot size
1.71 Acres
Property subtype
RETAIL
Listing Agency:
SRS Industrial - Newport Beach
(949) 698-1100
Listed By:
Patrick R. Luther, CCIM
(949) 698-1115
Source:
Moodyscre
Added: Apr 24, 2024
Changed: Sep 4
Last Checked: Sep 14 at 10:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Industrial - Newport Beach
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
69k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 87%
Dining 13%
Dollar Tree
Shops & Services
22,421 visits/mo
0.2 miles
The UPS Store
Shops & Services
15,320 visits/mo
0.2 miles
Little Caesars Pizza
Dining
8,820 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,521 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
4,422 visits/mo
0.3 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
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.
