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Walgreens NNN Investment Opportunity
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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 Market828

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
Listed By: Patrick R. Luther, CCIM
Source: Moodyscre
Added: Apr 24, 2024 Changed: Jul 10 Last Checked: Jul 21 at 6:25AM

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

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store SemaConnect Charging Station Electric Vehicle Charging Station COVID-19 Drive-Thru Testing ... Pharmacy Blink Charging Station Electric Vehicle Charging Station FedEx OnSite Postal Service

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Big Box & Wholesale Store Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

515
Businesses Nearby
69k
Monthly Visits Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Similar Off Market Nearby

  • Walmart Pharmacy — 1632 N 2000 W, Clinton, UT 84015
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  • Ryan Lindquist — 1632 N 2000 W, Clinton, UT 840158367
  • Seth Clark — 1632 N 2000 W, Clinton, UT 840158367
  • Justin Tuckett — 1632 N 2000 W, Clinton, UT 840158367

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.
(949) 698-1115 Call to check price and availability
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