NNN Drive-Through Walgreens
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.
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
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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.