Albuquerque NM - Walgreens

Description:

Absolute NNN Lease | Walgreens Corporate Guaranty
Walgreens (S&P rating of BB-) reported $147 billion in revenue for 2024 and $81 billion in Assets.
High performance location – ranked in the top 13th percentile for Walgreens Nationwide (Placer.ai) and has reported over $5M in annual sales for the past 10 years

Excellent Visibility & Accessibility | Drive-Thru Pharmacy
Subject property located in a highly trafficked retail corridor at the signalized, hard-corner intersection of 12th Street NW and Indian School Road NW
Combined traffic count at the intersection of 12th Street and Indian School Road is 14,818 vehicles per day
Positioned just north of the on-ramp to I-40 with over 147,000 cars passing the site each day

Robust Demographics | Affluent Trade Area
246,624 residents within a 5-mile radius
Average household income is approximately $86,500

High-Traffic Location with Strong Retail Synergy
Walgreens is adjacent to a Lowe’s Home Improvement ranked in the top 25% of all Lowe’s locations nationwide in visits, according to Placer.ai
Across 12th Street from the Indian Pueblo Cultural Center, the central gathering place for the Pueblo Indian communities with museum and gallery space, a library, archive, educational department and event center

Proximity to Major Regional Attraction
Located approximately 2.5 miles north of the ABQ BioPark, New Mexico’s most visited attraction
ABQ BioPark draws over 1.5 million visitors annually and includes a zoo, waquarium, botanical garden, and Tingley Beach

Nearby Major Educational Institution
Located approximately 3 miles west of the University of New Mexico, the state’s flagship and largest university
University enrollment exceeds 27,000 students with approximately 3,225 faculty members