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NNN Drive-Through Walgreens Lease

14510 Aurora Ave N Shoreline, WA 98133

14510 Aurora Ave N, Shoreline, WA, 98133
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For Sale
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Pending

Absolute NNN Walgreens asset with a long-term lease and drive-through lane, featuring 5% rent increases every five years.

Days on Market102

Property Features for 14510 Aurora Ave N

General Information

Standard status
Pending
Property subtype
Retail
Listing agency Marcus & Millichap - Nashville
Listed by Jason Hernandez · License #CA 01392646
Source Crexi
Added: Apr 12 Updated: Jul 22 at 5:06AM Checked: Jul 22 at 5:06AM

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.

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

Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Law Firm Electrical Service (Bike/Boat/Book/etc) Store Barber Shop Accounting Firm Acupuncture Travel Agency (Bike/Boat/Book/etc) Store Butcher Tattoo & Piercing Shop

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

Similar Off Market Nearby

  • Sophie Nguyen — 13201 Aurora Ave N, Seattle, WA 98133
  • Verle Bleese — 13201 Aurora Ave N, Seattle, WA 981337584
  • Mohammad Afridi — 13201 Aurora Ave N, Seattle, WA 981337584
  • Vung Nguyen — 13201 Aurora Ave N, Seattle, WA 981337584
  • Yonas Berhe — 13201 Aurora Ave N, Seattle, WA 981337584

FAQs

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.
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