1498 White Mountain Hwy Conway, NH
Call to check price and availability
NNN leased Walgreens with over 9 years remaining.
Type:RETAIL
Property size:
13,666 SFLot size:
1.90 AcresPrice / SF:
$405/SF- Added:
- Mar 4, 2025
- Days on Market:
- 423
- Last Refresh:
- Apr 5 at 9:56 pm
Property Features for 1498 White Mountain Hwy
General Information
- Standard status
- Active
- Size
- 13,666 SF
- Lot size
- 1.90 Acres
- Property subtype
- RETAIL
Listing agent Justin Carlson (480) 214-5089
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 214-5089
Listing date Mar 4, 2025
Source Moodyscre
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 Commercial Investment Advisors (CIA) - Corporate
Overview
Walgreens NNN Lease Investment Opportunity
This property features a Walgreens location with over 9 years remaining on an initial 25-year Absolute NNN FLAT lease, set to expire on September 30, 2033, and includes fifty 1-year renewal options. The property is positioned on a large approximately 1.935-acre lot, offering significant visibility and access on White Mountain Hwy, a primary north-south thoroughfare, which sees traffic counts of 44,346 cars per day. The location benefits from year-round tourism and the Settlers Green Outlets, which attract 2.4 million shoppers annually, drawing economic activity from several surrounding communities. Walgreens operates nearly 9,000 retail locations across the U.S. and Puerto Rico, serving approximately 9 million customers and patients daily. From a traffic standpoint, this site ranks in the top 22% of Walgreens locations in New Hampshire and the top 32% nationally. Moreover, it outperforms the CVS across the street, which received 278,000 visits in the past year, making it the number one Walgreens within a 30-mile radius. The 2023 demographics within a 5-mile radius include a total population of 9,322, and the average household income within a 1-mile radius is $98,619. The property size is 13,666 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
- Walgreens Pharmacy — 1498 White Mountain Hwy, North Conway, NH 03860
- Walmart Pharmacy — 46 North-South Rd, North Conway, NH 03860
- CVS Pharmacy — 1351 White Mountain Hwy, North Conway, NH 03860
- COVID-19 Drive-Thru Testing at Walgreens — 1498 White Mountain Hwy, North Conway, NH 03860
- Shaw's Pharmacy — 1150 Eastman Rd Center, Conway, NH 03813
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Carroll
- State
- New Hampshire
- Longitude
- -71.1145
- Latitude
- 44.0079
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - NNN leased Walgreens with over 9 years remaining.
Where is this drug store located?
The property is located at 1498 White Mountain Hwy Conway, NH.
What is the asking price?
The asking price for this property is $5,548,000.
What are key features of this property?
This property features: Absolute NNN FLAT lease with over 9 years remaining through September 30, 2033, plus fifty 1‑year renewal options.; High traffic location on White Mountain Hwy with **44,346 CPD**.; Walgreens location ranks in the top 22% in New Hampshire and top 32% nationally.
