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Single-Tenant Drug Store with Drive-Through
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3245 Agency Street, Burlington, IA 52601

Net-leased pharmacy property with a drive-through component at a signalized intersection.

Property Size15,022 SF
Days on Market144

Property Features for 3245 Agency Street

General Information

Standard status Active
Size 15,022 SF
Property subtype Retail

Site & Location

Drive-Thru Yes
Traffic Count 17,261 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: The Boulder Group
Listed By: Randy Blankstein · License #IL 471005983
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:55PM

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.

This 15,022-square-foot single-tenant drug store is leased to Walgreens and includes a drive-thru pharmacy. The lease was recently extended and runs through April 30, 2030, with six additional five-year renewal options and rental escalations during those option periods.

The property occupies the corner of a signalized intersection at 3245 Agency Street in Burlington, Iowa. North Roosevelt Ave carries 17,261 VPD and provides direct access to Highway 34, which carries 14,970 VPD. The surrounding retail corridor includes Walmart Supercenter, Lowe’s, Menards, Target, Hy-Vee, Dick’s Sporting Goods, ALDI, Kohl’s, and Marshalls. Nearby demand generators include Great River Medical Center, Southeastern Community College, Burlington Community High School, and Catfish Bend Casino.

Key Highlights

  • 15,022‑square‑foot Walgreens drug store with drive‑thru pharmacy
  • Single‑tenant net lease through April 30, 2030
  • Six 5‑year renewal option periods with rental escalations

Property Analytics

Current Use

Redbox Cinema Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Medical Laboratory Walgreens Cosmetic Store

Suggested Use

Top Pick Real Estate Agency Dental Office Auto Parts Store Parking Lot & Garage Law Firm Kitchen & Bath Showroom

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

17,261 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby
300k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 35% Groceries 23% Apparel 17% Shops & Services 12%
Hy-Vee Groceries
46,951 visits/mo 0.3 miles
Marshalls Apparel
28,651 visits/mo 0.3 miles
Aldi Groceries
23,204 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
21,807 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
21,118 visits/mo 0.2 miles

Demographics for 52601, IA

27,899
Population
14,107
Households
2
Avg Household Size
43
Median Age
24%
College-Educated
94%
High-School Grad
109.3 sq mi
ZIP Area
255
Density / Sq Mi
$57,123
Median Household Income
$35,594
Median Earnings
$921
Median Rent
$125,500
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

  • Heritage Medical Equipment & Supplies 624 S Roosevelt Ave, Burlington, IA 52601
  • Walgreens Pharmacy 3245 E Agency St, Burlington, IA 52601
  • Lisa M. King, RPh 3245 E Agency St, Burlington, IA 52601
  • Michael J. Colgan, RPH 3245 E Agency St, Burlington, IA 52601
  • Lance Golly 3245 E Agency St, Burlington, IA 526011993

Frequently Asked Questions

What type of property is this?
Drug store - Net-leased pharmacy property with a drive-through component at a signalized intersection.
Where is this drug store located?
The property is located at 3245 Agency Street Burlington, IA.
What are key features of this property?
This property features: 15,022‑square‑foot Walgreens drug store with drive‑thru pharmacy; Single‑tenant net lease through April 30, 2030; Six 5‑year renewal option periods with rental escalations
(847) 562-0003 Call to check price and availability
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