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20100 W Mcloughlin Blvd
Gladstone, OR 97027

$5,453,760 USD

Drugstore For Sale  •  14,840 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,840 SF
  • Lot Size 1.39 AC
  • Building Class B
  • Year Built 2011
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C-3
40 Transit Score
50 Walk Score

Highlights

Absolute Net Lease (No Landlord Responsibilities): 14 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5
Signalized Hard Corner Location: Walgreens is Located at McLoughlin Blvd & West Arlington Street Overseeing 41,600+ Vehicles Per Day. McLoughlin Blvd
Near Major Hospital: 1.5 Miles from Walgreens Resides Providence Willamette Falls Medical Center A 101 Medical Bed Facility, the Largest Hospital in t
Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
Strong Demographics: The 5-Mile Trade Area Supports Over 181,400+ Residents with an Average Household Income Exceeding $113,241.
Stable Investment Grade Tenant: Walgreens Boots Alliance is Publicly Traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 14,840 SF 2/28/2039

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Oregon City Amtrak (Amtrak Cascades - Amtrak) 4 min - 1.6 mi
AirportDriveWalkDistance
Portland International 28 min - 17.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Peter Deltondo 949-698-2609 Deltondo Advisory Group
Peter Deltondo 949-698-2609 Deltondo Advisory Group