Search
Walgreens NNN Drug Store
For Sale
Contact for pricing

21065 SW Pacific Hwy, Sherwood, OR 97140

The property has an NNN lease, a recent lease extension, and a full Walgreens guaranty.

Property SizeContact for details
Days on Market144

Property Features for 21065 SW Pacific Hwy

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Kohls, McDonald’s, Key Bank, Chevron, Providence Immediate Care and Medical Plaza
Traffic Count 40,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 11:09PM

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 Deerfield Partners

Investment Insights

Based on property information with market context.

This Walgreens drug store is subject to an NNN lease with just under 12 years remaining on the primary term. The lease includes a five-year option structure, and a recent extension provides additional term continuity. A full Walgreens guaranty is also in place.

The property is positioned at the junction of SW Edy Road and Pacific Highway (99W) in Sherwood, Oregon. Pacific Highway serves as the area’s main arterial, with traffic counts nearing 40,000 cars a day. The surrounding intersection includes Kohl’s, McDonald’s, Key Bank, Chevron, and Providence Immediate Care and Medical Plaza.

Key Highlights

  • Walgreens drug store with NNN lease structure
  • Just under 12 years remaining on the primary term
  • Five‑year option structure and recent lease extension

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Cosmetic Store SemaConnect Charging Station Electric Vehicle Charging Station Martina Man, PharmD Pharmacy ATM Atm

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Storage Facility Hotel & Motel Grocery & Convenience Store Big Box & Wholesale Store

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

Lease Details

40,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby
312k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 39% Dining 30% Apparel 16% Groceries 11%
Hobby Lobby Shops & Services
36,887 visits/mo 0.3 miles
Safeway Groceries
35,746 visits/mo 0.3 miles
McDonald's Dining
30,745 visits/mo 0.2 miles
Kohl's Apparel
27,249 visits/mo 0.2 miles
Ross Dress for Less Apparel
23,738 visits/mo 0.3 miles

Demographics for 97140, OR

28,365
Population
9,540
Households
3
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
44.6 sq mi
ZIP Area
636
Density / Sq Mi
$119,241
Median Household Income
$58,718
Median Earnings
$1,934
Median Rent
$618,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • GNC 16840 SW Edy Rd Suite 137, Sherwood, OR 97140
  • Kristen L. Watanabe, Pharm 21365 SW Baler Way, Sherwood, OR 97140
  • CVS Pharmacy 21365 SW Baler Way, Sherwood, OR 97140
  • Erin K. Hewitt, PharmD. (CVS inside Target) 21365 SW Baler Way, Sherwood, OR 97140
  • Martina Man, PharmD 21065 SW Pacific Hwy, Sherwood, OR 97140

Frequently Asked Questions

What type of property is this?
Drug store - The property has an NNN lease, a recent lease extension, and a full Walgreens guaranty.
Where is this drug store located?
The property is located at 21065 SW Pacific Hwy Sherwood, OR.
What are key features of this property?
This property features: Walgreens drug store with NNN lease structure; Just under 12 years remaining on the primary term; Five‑year option structure and recent lease extension
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message