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Walgreens Property for Sale
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1528 Main St, Parsons, KS 67357

Walgreens property with ±3 years firm term remaining.

Property Size14,381 SF
Price / SF$227.41
Days on Market188

Property Features for 1528 Main St

General Information

Standard status Active
Size 14,381 SF
Property subtype Retail
Zoning C-3

Building Details

Year Built 2005
Listing Agency: Pharma Property Group
Listed By: Jason Pongsrikul · License #CA 01918332
Source: Crexi
Added: Feb 4 Changed: Aug 8 Last Checked: Aug 8 at 2:46PM

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 Pharma Property Group

Investment Insights

Based on property information with market context.

The Walgreens property, located at 1528 Main St, Parsons, KS 67357, is available for sale. Walgreens has been operating at this location for 20 years and has approximately 3 years of firm term remaining before the 12 (5-year) option periods. The lease is an absolute triple net lease, with no landlord obligations. The lease includes a 5% increase in the first four options. The property benefits from minimal drugstore competition, with the next nearest Walgreens 26 miles away and the nearest CVS over 45 miles away. Located less than one mile from Labette Health, a full-service hospital and Level IV trauma center, the pharmacy benefits from being the only national chain pharmacy servicing one of the city’s largest institutions. Adjacent to the property, Labette Community College enrolls over 1,500 students annually. The site is surrounded by a mix of national and regional tenants, including Walmart, Dollar Tree, and AutoZone, reinforcing the area's position as a key retail hub. The property size is 14381 square feet.

Key Highlights

  • Absolute Triple Net Lease: No landlord obligations whatsoever.
  • Established Tenant: Walgreens has been operating at this location for 20 years.
  • Minimal Competition: Next nearest Walgreens is 26 miles away, and the nearest CVS is over 45 miles away.

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Walgreens Pharmacy LibertyX Bitcoin ATM Atm Capitol Federal ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Electrical Service Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

465
Businesses Nearby
47k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 42% Dining 34% Home Improvements & Furnishings 16% Electronics 8%
Dollar Tree Shops & Services
7,958 visits/mo 0.0 miles
Taco Bell Dining
7,120 visits/mo 0.5 miles
Dollar General Shops & Services
6,021 visits/mo 0.5 miles
Ace Hardware Inc Home Improvements & Furnishings
5,367 visits/mo 0.2 miles
Daylight Donuts Dining
4,042 visits/mo 0.3 miles

Demographics for 67357, KS

12,033
Population
5,887
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
90%
High-School Grad
196.8 sq mi
ZIP Area
61
Density / Sq Mi
$55,791
Median Household Income
$35,239
Median Earnings
$743
Median Rent
$101,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Walgreens Pharmacy 1528 Main St, Parsons, KS 67357
  • Bowen Pharmacy 1519 Main St, Parsons, KS 67357
  • Aaron J. Cronister, RPH 1528 main st, parsons, ks 67357
  • Brian S. West, PharmD 1519 Main St, Parsons, KS 67357
  • Beard One Nutrition 105 S 18th St, Parsons, KS 67357

Frequently Asked Questions

What type of property is this?
Drug store - Walgreens property with ±3 years firm term remaining.
Where is this drug store located?
The property is located at 1528 Main St Parsons, KS.
What is the asking price?
The asking price for this property is $3,270,448.
What are key features of this property?
This property features: Absolute Triple Net Lease: No landlord obligations whatsoever.; Established Tenant: Walgreens has been operating at this location for 20 years.; Minimal Competition: Next nearest Walgreens is 26 miles away, and the nearest CVS is over 45 miles away.
(619) 297-0055 Call to check price and availability
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