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Freestanding Walgreens Drug Store
For Sale
Contact for pricing
Pending

725 E Northern Lights Blvd, Anchorage, AK 99503

Established freestanding drug store with an operating history exceeding a decade and an NNN lease structure.

Property SizeContact for details
Days on Market142

Property Features for 725 E Northern Lights Blvd

General Information

Standard status Pending
Property subtype Retail

Additional Details

Corner Location Yes

Building Details

Tenancy Single
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:32PM

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 freestanding Walgreens drug store has operated for more than 10 years and serves as an established retail property in Anchorage. The asset is associated with a 14-year NNN lease structure and occupies a corner location at 725 E Northern Lights Blvd.

The property is positioned at a high-traffic intersection within Anchorage. The surrounding area includes households with average incomes exceeding $100,000, while Alaska has no state income tax. Walgreens is the only national drugstore brand identified as operating throughout the Anchorage market.

Key Highlights

  • Freestanding Walgreens drug store
  • Operating history exceeding 10 years
  • 14‑year NNN lease structure

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy Bitcoin Depot | BDCheckout Atm Western Union Bank Walgreens Photo (Bike/Boat/Book/etc) Store

Lease Details

Single-tenant
Tenancy

Location Intelligence

Demographics for 99503, AK

13,550
Population
7,411
Households
1.8
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
20.7 sq mi
ZIP Area
655
Density / Sq Mi
$76,888
Median Household Income
$46,734
Median Earnings
$1,185
Median Rent
$316,700
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
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Frequently Asked Questions

What type of property is this?
Drug store - Established freestanding drug store with an operating history exceeding a decade and an NNN lease structure.
Where is this drug store located?
The property is located at 725 E Northern Lights Blvd Anchorage, AK.
What are key features of this property?
This property features: Freestanding Walgreens drug store; Operating history exceeding 10 years; 14‑year NNN lease structure
More about this property
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