Drive-Thru Walgreens Retail
15066 W 151st St Olathe, KS 66062
For Sale
Contact for pricing
Pending
Single-tenant, triple-net Walgreens with drive-thru and upgraded façade, extended through April 2033.
Property Size14,842 SF
Days on Market108
Property Features for 15066 W 151st St
General Information
Standard status
Pending
Size
14,842 SF
Property subtype
Retail
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Jul 21
Last Checked: Jul 27 at 7:36AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
A single-tenant, net-leased Walgreens property featuring a drive-thru and an upgraded façade. The 14,842-square-foot building is occupied by Walgreens under a triple-net lease structure described as presenting zero landlord responsibilities. Lease continuity includes Walgreens waiving first- and second-termination options in 2023 and 2028, with the lease extended through April 2033. The lease also includes a total of seven five-year renewal options, reflecting an added renewal option beyond the initial structure.
The property is positioned at a signalized intersection at W 151st St and S Blackbob Rd, with traffic counts cited as 14,491 VPD and 14,203 VPD, respectively. The listing notes 151st Street as a major east-west corridor connecting traffic to Interstate-35, cited at 75,500 VPD. Nearby retail includes Lowe’s, Hy-Vee, Menards, At Home, McDonald’s, and other businesses, and the property is less than a mile from the Johnson County Executive Airport.
As further context, the listing reports 185,464 people within five miles of the property earning an average annual household income of $142,727. Walgreens is identified in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., with more than 9,000 retail locations referenced in the remarks.
The property is positioned at a signalized intersection at W 151st St and S Blackbob Rd, with traffic counts cited as 14,491 VPD and 14,203 VPD, respectively. The listing notes 151st Street as a major east-west corridor connecting traffic to Interstate-35, cited at 75,500 VPD. Nearby retail includes Lowe’s, Hy-Vee, Menards, At Home, McDonald’s, and other businesses, and the property is less than a mile from the Johnson County Executive Airport.
As further context, the listing reports 185,464 people within five miles of the property earning an average annual household income of $142,727. Walgreens is identified in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., with more than 9,000 retail locations referenced in the remarks.
Key Highlights
- Single‑tenant net leased Walgreens in the Kansas City MSA (Olathe, KS) with drive‑thru and upgraded façade.
- Lease extended through April 2033; Walgreens waived 1st & 2nd termination options in 2023 and 2028.
- Total of seven 5‑year renewal options included in the lease structure.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Walgreens Pharmacy — 15066 W 151st St, Olathe, KS 66062
- Sladjana Tasic, RPH — 15066 W 151st St, Olathe, KS 66062
- COVID-19 Drive-Thru Testing at Walgreens — 15066 W 151st St, Olathe, KS 66062
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant, triple-net Walgreens with drive-thru and upgraded façade, extended through April 2033.
Where is this drug store located?
The property is located at 15066 W 151st St Olathe, KS.
What are key features of this property?
This property features: Single‑tenant net leased Walgreens in the Kansas City MSA (Olathe, KS) with drive‑thru and upgraded façade.; Lease extended through April 2033; Walgreens waived 1st & 2nd termination options in 2023 and 2028.; Total of seven 5‑year renewal options included in the lease structure.
