Walgreens Pharmacy NNN
For Sale
Contact for pricing
615 W main street, Norman, OK 73069
Single-tenant Walgreens pharmacy with a long-term lease and corporate guarantee by Walgreens Co.
Property SizeContact for details
Days on Market122
Property Features for 615 W main street
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Bold New York
Listed By:
Gary Nurenberg · License #NY 10401274936
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 23 at 6:45AM
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 Bold New York
Investment Insights
Based on property information with market context.
This offering presents a Walgreens pharmacy location in Norman, Oklahoma, spanning 15,120 square feet. The property has operated at the location since 2002. The lease structure includes multiple options and is guaranteed by Walgreens Co., and the landlord is responsible for the structure and roof.
The site is positioned along Main Street, a major retail corridor, and is located right off S Lahoma street. The property is also described as being near the University of Oklahoma and Norman High School.
The lease includes 40 years of options and notes an option to terminate at specified intervals. Additional lease economics referenced include a bonus structure tied to non-food and non-prescription gross sales, and separate percentages for food and prescriptions sales.
The site is positioned along Main Street, a major retail corridor, and is located right off S Lahoma street. The property is also described as being near the University of Oklahoma and Norman High School.
The lease includes 40 years of options and notes an option to terminate at specified intervals. Additional lease economics referenced include a bonus structure tied to non-food and non-prescription gross sales, and separate percentages for food and prescriptions sales.
Key Highlights
- 15,120 SF single‑tenant Walgreens pharmacy in Norman, Oklahoma on the Main Street retail corridor.
- Lease commenced March 2, 2002 with 40 years of options; tenant is Walgreens with a corporate guarantee by Walgreens Co.
- University of Oklahoma is about 1.1 miles (about a 5‑minute drive) from the property.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
284k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 46%
Shops & Services 34%
Groceries 8%
Superstores 6%
Hobby Lobby
Shops & Services
54,032 visits/mo
0.4 miles
Chick-fil-A
Dining
51,245 visits/mo
0.4 miles
Whataburger
Dining
26,731 visits/mo
0.4 miles
Big Lots
Superstores
17,226 visits/mo
0.3 miles
Norman #1
Shops & Services
17,191 visits/mo
0.3 miles
Demographics for 73069, OK
26,464
Population
12,719
Households
2.1
Avg Household Size
32
Median Age
45%
College-Educated
93%
High-School Grad
15.7 sq mi
ZIP Area
1,686
Density / Sq Mi
$55,699
Median Household Income
$34,151
Median Earnings
$1,031
Median Rent
$212,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Central Pharmacy — 222 E Alameda St, Norman, OK 73069
- Keith Adams — 100 12th Ave NE, Norman, OK 730715235
- Christine Morgan — 100 12th Ave NE, Norman, OK 730715235
- Kenneth Brammer — 100 12th Ave NE, Norman, OK 730715235
- Randy Rogers — 100 12th Ave NE, Norman, OK 730715235
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens pharmacy with a long-term lease and corporate guarantee by Walgreens Co.
Where is this drug store located?
The property is located at 615 W main street Norman, OK.
What are key features of this property?
This property features: 15,120 SF single‑tenant Walgreens pharmacy in Norman, Oklahoma on the Main Street retail corridor.; Lease commenced March 2, 2002 with 40 years of options; tenant is Walgreens with a corporate guarantee by Walgreens Co.; University of Oklahoma is about 1.1 miles (about a 5‑minute drive) from the property.
