LONG ISLAND, NY WALGREENS

• Newer construction 17 year NNN lease
• Extremely rare freestanding, hard corner, with a drive-thru…located just 42 miles from Manhattan
• High traffic intersection with 52,100 cars per day
• Dense, urban infill location — 21,311 people reside within one mile
• Store opened for business November 2016
• Closest drugstore competitor is 2.5 miles away
• Walgreens corporate credit guarantees the rent

This is an extremely rare opportunity for an investor to acquire a freestanding, long-term NNN Walgreens in the New York City metro area. In fact, it may be many years before another freestanding Walgreens with a drive-thru is developed this close to New York City. This Walgreens store sits on a prime, high traffic intersection on the hard corner of Wicks Road (31,600 cars per day) and Suffolk Avenue (20,500 cars per day). The store opened for business in November 2016. Walgreens expects high sales volumes at this location, as it fills a “hole” in the market, as the closest CVS is 2.5 miles away, and the closest Walgreens is 4.5 miles away.