Walgreens NNN Lease Investment Opportunity

1498 White Mountain Hwy, Conway, NH

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For Sale

Contact for pricing

NNN leased Walgreens with over 9 years remaining.

Type:RETAIL

Property size:

13,666 SF

Lot size:

1.90 Acres

Price / SF:

$405/SF

HighLights

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.
Outperforms the CVS across the street and is the number one Walgreens within a 30‑mile radius.
Located on a large ±1.935‑acre lot with excellent visibility and access.
Strong economic draw from 2.4 million annual shoppers at Settlers Green Outlets.

We can help!

Listing Contact

Justin Carlson

For Sale

Contact for pricing

NNN leased Walgreens with over 9 years remaining.

Type:RETAIL

Property size:

13,666 SF

Lot size:

1.90 Acres

Price / SF:

$405/SF

Added:: Mar 4, 2025
Days on Market:: 477
Last Refresh:: May 20 at 9:49 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

We can help!

Listing Contact

Justin Carlson

Listing agent Justin Carlson

Listing office Commercial Investment Advisors (CIA) - Corporate

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

HighLights

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.
Outperforms the CVS across the street and is the number one Walgreens within a 30‑mile radius.
Located on a large ±1.935‑acre lot with excellent visibility and access.
Strong economic draw from 2.4 million annual shoppers at Settlers Green Outlets.

Overview

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 Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

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

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For sale
Drug stores
NH
Conway
1498 White Mountain Hwy

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.

1498 White Mountain Hwy, Conway, NH

NNN leased Walgreens with over 9 years remaining.

Property Features for 1498 White Mountain Hwy

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Ranch Duplex with Separate Homes

Three-Unit Multifamily Property

Multi-Family Property with Barn

Renovated Triplex with Attached Studios

Renovated Farmhouse with Guest Home

Duplex with In-Law Apartment

Conway Village Commercial Corner Property

Conway Village Commercial Building

Standalone Office Building Near Route 16

Intervale Multifamily Property with Charm

Office and Medical Building

Office Space Near North Conway

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