NNN Drive-Through Walgreens
For Sale
Contact for pricing
Pending
14510 Aurora Ave N, Shoreline, WA 98133
Absolute NNN Walgreens asset with a long-term lease and drive-through lane, featuring 5% rent increases every five years.
Property SizeContact for details
Days on Market116
Property Features for 14510 Aurora Ave N
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
32,091 vehicles/day
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 12
Changed: Jul 22
Last Checked: Aug 4 at 12:39PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
The property operates under a long term Absolute NNN lease with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. The rent structure includes 5% rent increases every five years during the original term, plus 12, five-year renewal options if exercised.
The site is located along a dense retail corridor on Aurora Ave N (32,091 VPD). The Walgreens is in close proximity to retailers and services including Safeway, Starbucks, Chipotle, McDonald’s, Enterprise Rent-A-Car, Jiffy Lube, Public Storage, Joann Fabrics, Sherwin-Williams, Office Depot, Amazon Fresh Grocery Store, Wells Fargo Bank, PetSmart, HomeGoods, and Sprouts Farmers Market, among others.
According to the provided materials, the asset includes a critical drive-through lane intended to serve customers in their cars, supporting pharmacy drive-through operations within the retail corridor.
The site is located along a dense retail corridor on Aurora Ave N (32,091 VPD). The Walgreens is in close proximity to retailers and services including Safeway, Starbucks, Chipotle, McDonald’s, Enterprise Rent-A-Car, Jiffy Lube, Public Storage, Joann Fabrics, Sherwin-Williams, Office Depot, Amazon Fresh Grocery Store, Wells Fargo Bank, PetSmart, HomeGoods, and Sprouts Farmers Market, among others.
According to the provided materials, the asset includes a critical drive-through lane intended to serve customers in their cars, supporting pharmacy drive-through operations within the retail corridor.
Key Highlights
- Absolute NNN Walgreens asset under a long‑term lease with no landlord management or maintenance responsibilities.
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options if exercised.
Property Analytics
Current Use
Lease Details
32,091 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
816
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98133, WA
50,720
Population
24,730
Households
2.1
Avg Household Size
39
Median Age
51%
College-Educated
94%
High-School Grad
7.1 sq mi
ZIP Area
7,144
Density / Sq Mi
$92,371
Median Household Income
$60,328
Median Earnings
$1,794
Median Rent
$719,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - Absolute NNN Walgreens asset with a long-term lease and drive-through lane, featuring 5% rent increases every five years.
Where is this drug store located?
The property is located at 14510 Aurora Ave N Shoreline, WA.
What are key features of this property?
This property features: Absolute NNN Walgreens asset under a long‑term lease with no landlord management or maintenance responsibilities.; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options if exercised.
