Single-Tenant Walgreens
For Sale
Contact for pricing
300 Keyser Ave, Natchitoches, LA 71457
Single-tenant Walgreens property with a new 15-year lease and pharmacy operations open until 9pm.
Property SizeContact for details
Days on Market122
Property Features for 300 Keyser Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 12:25AM
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.
This single-tenant Walgreens drugstore benefits from a new 15-year lease executed with Walgreens Corp., including 12 (5-year) options to extend. The lease is absolute net, placing responsibilities on the tenant with no landlord obligations. The lease terms also include rare rental increases of 5% every five years throughout the initial term and the option periods.
The location is described as the only Walgreens within Natchitoches and within a 27-mile radius, with the next nearest Walgreens reported 27.6 miles away. Natchitoches Regional Medical Center is one block from the subject property, and the listing notes Northwestern State University’s campus is one mile west.
Walgreens is described as operating until midnight, with the pharmacy open until 9pm, supporting late-day commercial activity for the tenant.
The location is described as the only Walgreens within Natchitoches and within a 27-mile radius, with the next nearest Walgreens reported 27.6 miles away. Natchitoches Regional Medical Center is one block from the subject property, and the listing notes Northwestern State University’s campus is one mile west.
Walgreens is described as operating until midnight, with the pharmacy open until 9pm, supporting late-day commercial activity for the tenant.
Key Highlights
- Single‑tenant Walgreens property with a newly executed 15‑year lease plus 12 (5‑year) extension options
- Absolute net lease structure with no landlord responsibilities stated in the lease terms
- Rental increases of 5% every five years during the initial 15‑year term and throughout the extension options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 71457, LA
25,506
Population
12,086
Households
2.1
Avg Household Size
37
Median Age
29%
College-Educated
89%
High-School Grad
269.7 sq mi
ZIP Area
95
Density / Sq Mi
$47,410
Median Household Income
$34,458
Median Earnings
$801
Median Rent
$194,200
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Leah M. Snyder, PharmD — 405 Bienville St, Natchitoches, LA 71457
- Charles C. Snyder, PharmD — 407 Bienville St, Natchitoches, LA 71457
- Steven T. Boyd, PharmD — 407 Bienville St, Natchitoches, LA 71457
- Crx Specialty Solutions — 407 Bienville St, Cypress, LA 71457
- Lincare — 128 E 5th St, Natchitoches, LA 71457
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens property with a new 15-year lease and pharmacy operations open until 9pm.
Where is this drug store located?
The property is located at 300 Keyser Ave Natchitoches, LA.
What are key features of this property?
This property features: Single‑tenant Walgreens property with a newly executed 15‑year lease plus 12 (5‑year) extension options; Absolute net lease structure with no landlord responsibilities stated in the lease terms; Rental increases of 5% every five years during the initial 15‑year term and throughout the extension options
