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PROVEN RESULTS STANJOHNSONCO.COM Los Angeles San Francisco Miami Tulsa Houston Phoenix New York Atlanta Chicago Net Lease Expertise: Walgreens Pharmacy

Net Lease Expertise | Walgreens

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Page 1: Net Lease Expertise | Walgreens

PROVEN RESULTS

STANJOHNSONCO.COM

Los Angeles San Francisco

Miami

Tulsa Houston Phoenix

New York Atlanta Chicago

Net Lease Expertise: Walgreens Pharmacy

Page 2: Net Lease Expertise | Walgreens

Flagship Location Experience

Selling Price: $8,607,231Cap Rate: 5.69%

Location: Antioch (Chicago), IL

Construction: Brand New 2012 Construction

Lease Term: Twenty-five (25) year base lease term, with preferred Ten (1), Five (5) year option

periods.

Selling Price: $13,610,000Cap Rate: 5.75%

Location: Oak Park (Chicago), IL

Construction: Walgreens Geothermal Flagship; first location heated and cooled by Geothermal

Energy

Lease Term: Twenty-five (25) year base lease term (23+ years remaining)

Selling Price: $7,304,378Cap Rate: 6.15%

Location: Birmingham, AL

Construction: Brand-new, Trophy Real Estate with custom exterior design, new prototype interior and

drive-thru access

Lease Term: Twenty-five (25) year base lease term with Fifty (50), One (1) Year renewal options

Page 3: Net Lease Expertise | Walgreens

Proven Buyer Pool

Page 4: Net Lease Expertise | Walgreens

22 Current SJC Listings

Walgreens Pharmacy$7,000,000 | 5.5%

Conroe, TX

Walgreens Pharmacy$9,130,000 | 5.5%

Whiting, NJ

Walgreens Pharmacy$11,100,000 | 5.25%

North Bergen, NJ

Walgreens Pharmacy$6,236,363 | 5.5%

Wheaton, IL

Walgreens Pharmacy$5,539,000 | 6.25%

Hutchinson, KS

Walgreens Pharmacy$9,673,640 | 5.37%

Dallas, TX

TENANT CITY STATE PRICE CAP RATE

Walgreens (Portfolio) Clinton MA $45,335,200 6.25%

Walgreens Jackson Hole WY $13,098,000 5.25%

Walgreens Lincolnton NC $7,250,635 6.20%

Walgreens San Marcos (Austin) TX $6,709,691 5.50%

Walgreens Beaver Falls PA $6,640,000 5.95%

Walgreens Silsbee TX $6,223,267 6.30%

TENANT CITY STATE PRICE CAP RATE

Walgreens Pharmacy Pine Bluff AR $6,204,918 6.25%

Walgreens Hilton Head (Bluffton) SC $5,573,770 6.13%

Walgreens (Ground Lease) Mesa AZ $5,000,000 5.00%

Walgreens Fort Madison IA $4,956,521 6.15%

Walgreens Trenton OH $4,750,000 6.10%

Walgreens Newton KS $4,625,000 6.25%

Walgreens Morgantown WV $3,872,000 6.44%

Page 5: Net Lease Expertise | Walgreens

TENANT CITY STATE PRICE CAP RATE

Walgreens Oak Park (Chicago) IL $13,605,949 5.75%

Walgreens Skokie (Chicago) IL $11,259,862 5.75%

Walgreens Lake Stevens WA $9,294,605 5.95%

Walgreens Antioch IL $8,607,231 5.69%

Walgreens Brewer ME $7,750,000 6.12%

Walgreens Chicago IL $7,331,952 5.75%

Walgreens Birmingham AL $6,829,270 6.15%

Walgreens Georgetown TX $6,406,780 5.90%

Walgreens Uvalde TX $6,000,000 6.25%

Walgreens Grand Junction CO $5,658,000 6.15%

Walgreens Charlotte NC $5,435,000 6.90%

TENANT CITY STATE PRICE CAP RATE

Walgreens Huntsville AL $5,400,000 7.47%

Walgreens Warren MI $5,400,000 9.00%

Walgreens Houston TX $5,296,551 7.25%

Walgreens Springfield IL $4,917,674 8.50%

Walgreens Hutchinson KS $4,808,000 7.20%

Walgreens Mounds View MN $4,719,723 7.23%

Walgreens Lawrenceville GA $4,700,000 7.81%

Walgreens Clintonville WI $4,550,000 6.00%

Walgreens Newton KS $4,015,000 7.20%

Walgreens Tucson AZ $3,561,290 7.75%

Walgreens Eagan MN $2,250,000 7.59%

Recently Sold SJC Listings

Walgreens Pharmacy$3,900,000 | 6.51%

Huntsville, AL

Walgreens Pharmacy$5,285,000 | 6.62%

Homewood, IL

Walgreens Pharmacy$3,052,000 | 5.73%

Pearland, TX

Walgreens Pharmacy$13,610,000 | 5.75%

Oak Park, IL

Walgreens Pharmacy$5,360,000 | 6.25%

Rogers, AR

Walgreens Pharmacy$5,104,000 | 6.25%

Republic, MO

Page 6: Net Lease Expertise | Walgreens

One Team, One Platform, One Focus

Big-Box Retailers

Quick-Serve/Fast Food Restaurants

Automotive Dollar Stores

Restaurants Ground Leases

Pharmacy

Banks

More than $2 Billion in 2012 NNN Transactions

Stan Johnson Company is a national real estate investment brokerage firm with more than $2 billion in successful NNN transactions in 2012. With the largest collaborative team in the single-tenant, net lease industry, we offer acquisition, disposition, pricing advisory, and 1031 exchange services to a wide range of clients throughout the United States.

This intense specialization has resulted in an extensive network of brokers with insider knowledge and strong relationships – enabling us to efficiently match buyers with sellers. Drawing on a full array of retail services, our professionals create superior solutions for sale leaseback, fee simple, ground lease, leasehold, and zero cash flow deals. As of 2013, we’ve completed over $14 billion of single-tenant, net-lease transactions nationally.

• Retail Boxes• Portfolio Sales• Sale-Leasebacks• Build-to-Suits• Private Equity Placements• 1031 Exchange Properties• Commercial Buildings• Office Buildings• Warehouses/Manufacturing

*This map represents all retail sales by SJC up until July 2013.

Page 7: Net Lease Expertise | Walgreens

$14 BillionOver $14B Single-Tenant,

Net Lease Transactions

9 Cities with 50+ Brokers Largest Team of Net Lease Brokers

25 YearsOver 25 Years of Experience

$2 BillionOver $2B in Sales in 2012

Page 8: Net Lease Expertise | Walgreens

Camille Renshaw, CCIM Director, Investment Sales

[email protected]: 646.778.5560

David Bailey Associate, Investment Sales [email protected]

P: 646.841.0632

John Rotunno Associate, Investment Sales [email protected]

P: 646.841.0637

Scott Scurich Associate, Investment Sales [email protected]

P: 646.841.0640

Stan Johnson Company 180 Madison Ave | Suite 2200

New York, NY 10016

P: 646.778.5560 F: 646.786.4573