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705 N Burlington Ave
Hastings, NE 68901

$2,808,000 USD

Drugstore For Sale  •  13,500 SF

Property Details

• Property Type Drugstore
• Total Building Size 13,348 SF
• Lot Size 0.95 AC
• Building Class C
• Year Built 1994
• Cap Rate 6.25 %
• Tenancy Single
• Zoning C

0 Transit Score

83 Walk Score

Highlights

LONG-TERM ABSOLUTE NNN LEASE: 12+ years remaining on initial 15-year Absolute NNN lease with RARE 5% rental escalations every 5 years!

CORPORATE TENANT: Walgreen Co. is a leading retail pharmacy company focused on pharmacy, access & care and operating 8,043 locations as of Feb. 2026

HIGH SALES VOLUME LOCATION: Currently ranked in the top 65th percentile (2,302 out of 6,714) of Walgreen’s stores in North America

ONLY WALGREENS PHARMACY IN 22- MILE RADIUS!

LARGE PARCEL | ADJACENT TO HOSPITAL: Well-positioned on a ±0.95-acre parcel at the signalized northwest corner of W 7th St & N Burlington Ave

2025 DEMOGRAPHICS: Total Population (5MI): 26,472 | Average Household Income (1MI): $90,169

Property Flyers

walgreens.hastings_PKG

Cap Rate:

6.25 %

Amenities

• Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Hastings Amtrak Station (California Zephyr - Amtrak)	2 min	15 min	0.7 mi
Airport	Drive	Walk	Distance
Central Nebraska Regional	40 min	-	29.7 mi