Drive-Thru Walgreens Retail
For Sale
Contact for pricing
Pending
15066 W 151st St, Olathe, KS 66062
Single-tenant, triple-net Walgreens with drive-thru and upgraded façade, extended through April 2033.
Property Size14,842 SF
Days on Market148
Property Features for 15066 W 151st St
General Information
Standard status
Pending
Size
14,842 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Traffic Count
14,491 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
(847) 562-0003
Source:
Crexi
Added: Apr 11
Changed: Aug 25
Last Checked: Aug 31 at 5:43AM
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 The Boulder Group
Investment Insights
Based on property information with market context.
A single-tenant, net-leased Walgreens property featuring a drive-thru and an upgraded façade. The 14,842-square-foot building is occupied by Walgreens under a triple-net lease structure described as presenting zero landlord responsibilities. Lease continuity includes Walgreens waiving first- and second-termination options in 2023 and 2028, with the lease extended through April 2033. The lease also includes a total of seven five-year renewal options, reflecting an added renewal option beyond the initial structure.
The property is positioned at a signalized intersection at W 151st St and S Blackbob Rd, with traffic counts cited as 14,491 VPD and 14,203 VPD, respectively. The listing notes 151st Street as a major east-west corridor connecting traffic to Interstate-35, cited at 75,500 VPD. Nearby retail includes Lowe’s, Hy-Vee, Menards, At Home, McDonald’s, and other businesses, and the property is less than a mile from the Johnson County Executive Airport.
As further context, the listing reports 185,464 people within five miles of the property earning an average annual household income of $142,727. Walgreens is identified in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., with more than 9,000 retail locations referenced in the remarks.
The property is positioned at a signalized intersection at W 151st St and S Blackbob Rd, with traffic counts cited as 14,491 VPD and 14,203 VPD, respectively. The listing notes 151st Street as a major east-west corridor connecting traffic to Interstate-35, cited at 75,500 VPD. Nearby retail includes Lowe’s, Hy-Vee, Menards, At Home, McDonald’s, and other businesses, and the property is less than a mile from the Johnson County Executive Airport.
As further context, the listing reports 185,464 people within five miles of the property earning an average annual household income of $142,727. Walgreens is identified in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., with more than 9,000 retail locations referenced in the remarks.
Key Highlights
- Single‑tenant net leased Walgreens in the Kansas City MSA (Olathe, KS) with drive‑thru and upgraded façade.
- Lease extended through April 2033; Walgreens waived 1st & 2nd termination options in 2023 and 2028.
- Total of seven 5‑year renewal options included in the lease structure.
Property Analytics
Property Profile
Current Use
Lease Details
14,491 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
245
Businesses Nearby
152k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Groceries 32%
Shops & Services 12%
Electronics 2%
Hy-Vee
Groceries
48,649 visits/mo
0.3 miles
McDonald's
Dining
29,246 visits/mo
0.1 miles
Starbucks
Dining
15,943 visits/mo
0.1 miles
Taco Bell
Dining
10,926 visits/mo
0.2 miles
Phillips 66
Shops & Services
9,415 visits/mo
0.2 miles
Demographics for 66062, KS
77,553
Population
29,350
Households
2.6
Avg Household Size
36
Median Age
53%
College-Educated
96%
High-School Grad
42.1 sq mi
ZIP Area
1,842
Density / Sq Mi
$116,248
Median Household Income
$55,718
Median Earnings
$1,349
Median Rent
$342,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant, triple-net Walgreens with drive-thru and upgraded façade, extended through April 2033.
Where is this drug store located?
The property is located at 15066 W 151st St Olathe, KS.
What are key features of this property?
This property features: Single‑tenant net leased Walgreens in the Kansas City MSA (Olathe, KS) with drive‑thru and upgraded façade.; Lease extended through April 2033; Walgreens waived 1st & 2nd termination options in 2023 and 2028.; Total of seven 5‑year renewal options included in the lease structure.
