18
Walgreens Pharmacy Greer, South Carolina Requires just 21% down = $1,135,000 Generates almost 8% return on cash Interest only loan MUST BE ASSUMED Very strong retail trade area with national tenants Dense population with 40,000 people in 3 miles Walgreens corporate guarantee (NYSE:WAG) Investment grade credit True NNN lease with zero management responsibilities $5,385,000 6.50% CAP Rate Deerfield Partners John Giordani Art Griffith (415) 685-3035 team@deerfieldteam.com

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Page 1: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 • Generates almost 8% return on cash• Interest only loan MUST BE ASSUMED• Very strong retail trade area with national tenants• Dense population with 40,000 people in 3 miles• Walgreens corporate guarantee (NYSE:WAG)• Investment grade credit• True NNN lease with zero management

responsibilities

$5,385,000

6.50%CAP Rate

DeerfieldPartnersJohn GiordaniArtGriffith(415) [email protected]

Page 2: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

CAP PriceDown PaymentNet Cash FlowReturn on CashFirm Lease TermRent IncreasesDebt

6.50%$5,385,000$1,135,000 (21%)$89,500 annually7.89%18+ years remainingNone.Flatfortermlike99outof100Walgreensleases.BUYERMUSTASSUMEEXISTINGNON-RECOURSE,INTERESTONLYLOAN.Loancomesdue8/31/2016andballoonamountis$4,250,000.

ThisisanexcellentopportunityforaninvestortoacquireaprovenperformingWalgreenswithjust$1,135,000down,byassuminganin-place,non-recourse,interestonlyloan.Thecash-on-cashreturnisapproximately8%,withtheloancomingdueinAugust2016.

ThisWalgreensdrugstoreiscentrallylocatedinthedominantretailtradeareaintown,whichincludesnationaltenantssuchasHomeDepot,Lowe’sHomeImprovement,Starbucks,TractorSupplyCompany,FoodLion,Hardee’s,KFC,etc.

InvestmentSummary

AboutThisInvestmentOpportunity

GreatRetailTradeArea,ExcellentVisibilityandAmpleParking

1 Mile 3 Mile 5 Mile

Population 3,536 38,620 89,635

Avg. HH Income $58,674 $57,576 $64,727

SituatedonthenortheastcornerofWestWadeHamptonBlvdandNorthBuncombeStreet,thisisanimportantstrategiclocationforWalgreensandisastrongperformingstore.

Excellentvisibilityandampleparking.

Page 3: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

AddressCityState

1232W.WadeHamptonBlvd.GreerSouth Carolina

Walgreens(NYSE:WAG)January 1, 2007None75 yearsTenantmayterminateleaseeveryyearwith12monthsnotice.None.Leaseistrulytriple-net(NNN).Zerolandlordcostexposure.

200614,490Sq.Ft.1.67acres

Year BuiltBldg SizeLand Area

TenantRent Start DateRent IncreasesLease TermOptions at Year 26Landlord Responsibilities

Property Details

Lease Summary

Regional Map / About Greer, South Carolina

GreerisacityinGreenvilleandSpartanburgcountiesinSouthCarolina,betweenthecitiesofGreenvilleandSpartanburg.Thepopulationwas25,515atthe2010census.Itisprojectedtohit30,000within4years.

Eachday,morethanthreetimesthatnumberofpeoplepass through the city on the two highways which run throughthecity.TheGreenvilleCountyportionofGreerispartoftheGreenville–Mauldin–EasleyMetropolitanStatistical Area, while the Spartanburg County portion is part of the Spartanburg Metropolitan StatisticalArea.

Greer is adjacent to Greenville-SpartanburgInternational Airport (GSP),which servesGreenville,Spartanburg,andtheUpstate.Greer isalsothesiteof the only BMW manufacturing facility in NorthAmerica. According to a June 2005 article in TheGreenvilleNews,BMW’sGreerplantemploysabout4,600workers,andhasattracteddozensofsuppliersinSouthCarolina,providingjobsformorethan12,000workers.

Page 4: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Store Photos

Page 5: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Aerial Photo

Page 6: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Neighboring Retailers

Page 7: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Site Plan

Page 8: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

AboutWalgreens

FinancialHighlights

Walgreensisthe#1pharmacyinAmericabyanymeasure.Foundedin1901,andtradedontheNewYorkStockExchange(NYSE:WAG),Walgreensoperates8,385locationsinall50states,theDistrictofColumbiaandPuertoRico.Walgreens is widely regarded as the safest, most secure single-tenant NNN leased investment property because of its strong balance sheet and market capitalization.

ForthefiscalyearendedAugust31,2012:

• Gross revenue was $71.6 Billion• Netprofitwas$2.1Billion• Net worth was $18.2 Billion

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

12111009080706050403

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Walgreens Fiscal Year Stock PerformanceFiscal year-end closing price per share in dollars

2012 Walgreens Annual Report 1

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

12111009080706050403

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2012 Walgreens Annual Report 1

Page 9: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

WalgreensExperience

About the CoverUnder the watchful eye of his mother, 2-year-old Caetano Hinojosa feels better already, with the help of his neon purple Walgreens brand bandage. Walgreens is currently updating its branding on more than 2,000 private brand health and wellness products. Through consistent packaging and product messaging, the rebranding will reinforce the Company’s purpose to help people get, stay and live well.

At Walgreens, we’re on a mission to help customers get, stay and live well. To do that, we’re making health and happiness more acces-sible to more people every day.

We’re bringing our pharmacists out from behind the counter, so customers can get the expertise they need to feel a little more healthy. Our in-store beauty advisors help shoppers find the perfect shade of lipstick for a little boost of happy. Our online store and apps bring customers instant access to an endless aisle of products and advice, like live chat with a pharmacist. And our new loyalty program – Balance Rewards – offers happy savings and healthy incentives in perfect balance.

Walgreens. At the Corner of Happy and Healthy™

2012 Milestones• Walgreens is the nation’s largest drugstore chain, with fiscal 2012 net sales of $71.6 billion

and net earnings of $2.1 billion. The Company has 240,000 employees.

• Cash flow from operations for fiscal 2012 was a record $4.4 billion, with free cash flow also setting a record of $2.9 billion.

• The Company continued to return significant cash to shareholders, with $1.2 billion in share repurchases and $787 million in dividends.

• The Company announced a truly game-changing, strategic partnership with Alliance Boots to create the first global pharmacy-led, health and wellbeing enterprise. Walgreen Co. closed on the first phase of the transaction in August, acquiring a 45 percent stake.

• In July, the Company signed a multiyear agreement with Express Scripts, consistent with our principles, to participate in its broadest retail pharmacy network. On September 15, customers began returning to Walgreens.

• The Company also recently launched its innovative BalanceTM Rewards loyalty program, its next significant step in making Walgreens the first choice for health and daily living.

• To continue to expand and integrate our pharmacy, health and wellness offering, Walgreens acquired USA Drug, Crescent Pharmacy and certain assets of BioScrip, adding pharmacy locations in the U.S. mid-South, and additional infusion and specialty pharmacy services to its portfolio.

• Walgreens continued the expansion of its Well Experience pilot format with nearly 350 stores opened across the chain by the end of fiscal 2012. In addition, the Company now has flagship stores in Chicago, New York, Las Vegas and Puerto Rico, with additional locations planned for fiscal 2013.

• The Company continued to develop its multichannel capabilities with new mobile innovations. With Transfer by Scan, customers can transfer prescriptions using their mobile device. QuickPrints helps customers print mobile phone photos in just one hour, and In Store Maps makes items easy to find at any Walgreens location.

• Walgreens was named to Fortune magazine’s World’s Most Admired Companies list for the 19th consecutive year, and was ranked 32nd on the Fortune 500 list of largest U.S.-based companies.

2012 2011 Increase (Decrease)

Net Sales $71,633 $ 72,184 (0.8%)Net Earnings (1) $ 2,127 $ 2,714 (21.6%)Adjusted Net Earnings (2) $ 2,565 $ 2,710 (5.4%)Net Earnings per Common Share (diluted) (1) $ 2.42 $ 2.94 (17.7%)Adjusted Net Earnings per Common Share (diluted) (2) $ 2.93 $ 2.93 —Shareholders’ Equity $18,236 $ 14,847 22.8% Return on Average Shareholders’ Equity 12.9% 18.6%Closing Stock Price per Common Share $ 35.76 $ 35.21Total Market Value of Common Stock $ 33,759 $ 31,312Dividends Declared per Common Share $ .9500 $ .7500Average Shares Outstanding (diluted) 880 924

(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc. (2) This is a non-GAAP measure. See Reconciliation of Non-GAAP Financial Measures on page 44.

Financial HighlightsFor the years ended August 31, 2012 and 2011 (In millions, except per share amounts)

2012 2011 2010 2009 2008

Locations Openings New Locations 212 261 388 602 608 Acquisitions 54 36 282 89 423 Closings 91 133 120 129 94 Net Openings 175 164 550 562 937 Locations (1) 8,385 8,210 8,046 7,496 6,934 Sales Area (2) 87,049 85,619 83,719 78,782 72,585

Product Class Sales Prescription Drugs 63% 65% 65% 65% 65% Non-prescription Drugs (3) 12% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%

(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.

Company Highlights

12111009080706050403

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2012 Walgreens Annual Report 1

Page 10: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Rankings&Ratings

Fortune magazine America’s Most Admired Companies published March 2013Walgreensrankedfifthamongfoodanddrugstoresandislistedforthe20thconsecutiveyear.

Fortune magazine 500 Largest U.S.-Based Companies published May 2013Walgreensranked37thoverallinrevenue,thirdamongfoodanddrugstores.

Fortune magazine Global 500 Largest Companiespublished July 2013Walgreensranked120thoverallinrevenue.

Forbes Global 2000published April 2012Walgreensranked220thonthislistofthe2000largestpubliccompaniesworldwide.

Fast Company magazine “Fast 50” issuepublishedFebruary2013Walgreensrankedasthe7thmostinnovativehealthcarecompanyforitsleadershipinredefiningtheroleofthepharmacy.Themagazinecitednewmobileappfeaturesthathelppatientsmanagetheirmedicationsaswellasthecompany’spartner-shipswiththeCDCandtheDepartmentofHealthandHumanServicestoexpandin-storeHIVtesting,whichcreatedanewstandardforthepatient-pharmacyrelationship.

Fortune magazine Global Most Admired Companies published March 17, 2008WalgreensrankedseventhamongfoodanddrugstoresandNo.36amongthe50mostadmiredcompanies.

Fortune magazine 40 Best Stocks To Retire Onpublished June 23, 2008WalgreensmadethelistofrecommendedBargainGrowthstocks.

Forbes Platinum 400 Listpublished January 12, 2009WalgreensagainmadethislistofthebestperformingbigcompaniesintheUnitedStates

Page 11: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

WalgreensStoresNationwideRECYCLED

ERECYCLED

E

For Our ShareholdersCorporate HeadquartersWalgreen Co.108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2500

Stock Market Listings New York Stock Exchange The NASDAQ Stock Market LLC Chicago Stock Exchange Symbol: WAG

Investor Contacts Rick J. Hans, CFA Divisional Vice President of Investor Relations & Finance (847) 315-2385 [email protected]

Lisa Meers, CFA Manager of Investor Relations (847) 315-2361 [email protected]

Annual Shareholders’ Meeting You are cordially invited to attend the meeting to be held Wednesday, January 11, 2012, at 2 p.m. CST, in the Grand Ballroom, Navy Pier, Chicago, Illinois. Formal notice of the meeting, with proxy card and proxy statement, was sent to all shareholders of record as of November 14, 2011.

Investor InformationAs of September 30, 2011, Walgreens had 84,643 shareholders of record.

Investor information is available at http://investor.walgreens.com. This includes corporate governance guidelines, charters of all committees of the Board of Directors, quarterly reports, press releases, proxy statements, the Company’s Code of Ethics for Financial Executives, Code of Business Conduct and the 2011 Annual Report. These and other reports may also be obtained without charge upon request to:

Shareholder RelationsWalgreen Co. — Mail Stop #1833 108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2922 http://investor.walgreens.com/InvestorKit.cfm

Walgreens has provided certifications by the Chief Executive Officer and Chief Financial Officer regarding the quality of the Company’s public disclosure, as required by Section 302 of the Sarbanes-Oxley Act, on Exhibit 31 to its Annual Report on Form 10-K. Our Chief Executive Officer made an unqualified certification to the New York Stock Exchange with respect to our compliance with NYSE corporate governance listing standards in January 2011.

Electronic Reports To receive proxy statements, annual reports and related materials electronically, refer to the proxy statement sent to shareholders with this annual report. After January 11, 2012, call Nicholas Zangler at (847) 315-2636 or go to http://investor.walgreens.com/InvestorKit.cfm to request electronic delivery.

Quarterly Reporting Dates Quarterly earnings release dates for fiscal 2012 are December 21, March 27, June 26 and September 28. Results are released to the press and posted on the Walgreen website at http://investor.walgreens.com.

Dividend Payment Dates Walgreens pays dividends in March, June, September and December. Checks are customarily mailed on the 12th of each of these months.

Transfer Agent and Registrar For assistance on matters such as lost shares or name changes on shares, please contact:

Wells Fargo Bank, N.A. Shareowner Services 161 North Concord Exchange Street South Saint Paul, MN 55075-1139 www.wellsfargo.com/shareownerservices (888) 368-7346

Direct Stock Purchase Plan Wells Fargo Shareowner Services sponsors and administers a direct stock purchase plan as a convenient method of acquiring Walgreen stock by cash payments, reinvestment of dividends or both. For an information booklet and enrollment form, please call (888) 368-7346. General inquiries to Wells Fargo Bank, N.A. regarding your Walgreen stock should also be directed to (888) 368-7346.

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Walgreens Stores Nationwide

Walgreens Additional Points of Care (as of August 31, 2011):

Infusion and respiratory services facilities 83

Mail-order facilities 2

On-site pharmacies in hospitals and medical centers 137

Specialty pharmacies 9

Take Care Clinics 357

Worksite health and wellness centers 355

Page 12: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Drugstore Count

Revenue

Net Income

0%

5%

10%

15%

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

8,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Total Drugstores 3,520 3,880 4,224 4,579 4,950 5,415 5,885 6,443 6,997 7,562 7,761YOY % Growth 11.2% 10.2% 8.9% 8.4% 8.1% 9.4% 8.7% 9.5% 8.6% 8.1% 2.6%Free Standing 80% 80% 80% 82% 84% 85% 86% 87% 88% 85% 85%24 Hour 23% 23% 26% 30% 31% 29% 28% 25% 23% 21% 21%1 Hour Photo 98% 98% 98% 99% 99% 98% 97% 97% 97% 94% 93%Drive-Thru 78% 78% 78% 80% 82% 84% 85% 86% 87% 85% 84%

YO

Y %

Gro

wth

Tota

l Dru

gsto

res

Drugstore Count

Walgreen Co. 2012 3

0%

5%

10%

15%

20%

0

10,000

20,000

30,000

40,000

50,000

60,000

70,000

80,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Revenue 24,623 28,681 32,505 37,508 42,202 47,409 53,762 59,034 63,335 67,420 72,184YOY % Growth 16.1% 16.5% 13.3% 15.4% 12.5% 12.3% 13.4% 9.8% 7.3% 6.4% 7.1%

YO

Y %

Gro

wth

Rev

enue

($

in M

illio

ns)

Revenue

Walgreen Co. 2012 6

-10%

-5%

0%

5%

10%

15%

20%

25%

30%

0

1,000

2,000

3,000

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011Net Income 875 1,008 1,165 1,350 1,560 1,751 2,041 2,157 2,006 2,091 2,714YOY % Growth 14.2% 15.2% 15.6% 15.9% 15.5% 12.3% 16.6% 5.7% -7.0% 4.2% 29.8%Profit Margin 3.6% 3.5% 3.6% 3.6% 3.7% 3.7% 3.8% 3.7% 3.2% 3.1% 3.8%

YO

Y %

Gro

wth

Net

INco

me

($ in

Mill

ions

)

Net Income

* Adjusted NI = $2,441 excluding sale of WHI. YOY% Growth = 16.7%. Net Margin = 3.4%.

*

Walgreen Co. 2012 10

Page 13: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Drugstore Count

Revenue

Net Income

Demographics - 1 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 1 mile radius Latitude: 34.942150884

Longitude: -82.25847006

AreaStateUSA

Trends 2011-2016

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3.5

3

2.5

2

1.5

1

0.5

0

20112016

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

13

12

11

10

9

87

6

5

4

32

1

0

2011 Household Income

<$15K15.6%

$15K - $24K16.2%

$25K - $34K11.0%

$35K - $49K10.3%

$50K - $74K18.7%

$75K - $99K11.2%

$100K - $149K12.4%

$150K - $199K2.6%

$200K+1.9%

2011 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

80

75

7065

60

55

5045

40

35

3025

20

15

105

0

2011 Percent Hispanic Origin: 10.0%

November 08, 2012

©2012 Esri Page 2 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.

Page 14: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics - 1 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 1 mile radius Latitude: 34.942150884

Longitude: -82.25847006

Summary 2010 2011 2016Population 3,461 3,536 3,885Households 1,560 1,602 1,781Families 1,008 1,036 1,144Average Household Size 2.22 2.20 2.18Owner Occupied Housing Units 984 1,012 1,131Renter Occupied Housing Units 576 590 650Median Age 37.3 37.4 37.6

Trends: 2011 - 2016 Annual Rate Area State NationalPopulation 1.90% 1.18% 0.67%Households 2.14% 1.28% 0.71%Families 2.00% 1.05% 0.57%Owner HHs 2.25% 1.36% 0.91%Median Household Income 3.57% 3.46% 2.75%

2011 2016 Households by Income Number Percent Number Percent

<$15,000 250 15.6% 253 14.2%$15,000 - $24,999 260 16.2% 213 12.0%$25,000 - $34,999 177 11.0% 163 9.2%$35,000 - $49,999 165 10.3% 190 10.7%$50,000 - $74,999 300 18.7% 404 22.7%$75,000 - $99,999 180 11.2% 229 12.9%$100,000 - $149,999 198 12.4% 242 13.6%$150,000 - $199,999 42 2.6% 51 2.9%$200,000+ 30 1.9% 36 2.0%

Median Household Income $44,435 $52,959Average Household Income $58,674 $64,935Per Capita Income $24,435 $27,156

2010 2011 2016 Population by Age Number Percent Number Percent Number Percent

0 - 4 270 7.8% 267 7.5% 289 7.4%5 - 9 220 6.4% 223 6.3% 243 6.3%10 - 14 209 6.0% 215 6.1% 239 6.2%15 - 19 207 6.0% 210 5.9% 216 5.6%20 - 24 241 7.0% 248 7.0% 264 6.8%25 - 34 468 13.5% 483 13.7% 543 14.0%35 - 44 482 13.9% 492 13.9% 519 13.4%45 - 54 482 13.9% 489 13.8% 488 12.6%55 - 64 392 11.3% 404 11.4% 465 12.0%

65 - 74 242 7.0% 254 7.2% 335 8.6%75 - 84 177 5.1% 181 5.1% 200 5.2%

85+ 70 2.0% 71 2.0% 82 2.1%

2010 2011 2016 Race and Ethnicity Number Percent Number Percent Number Percent

White Alone 2,836 81.9% 2,914 82.4% 3,161 81.4%Black Alone 396 11.4% 381 10.8% 382 9.8%American Indian Alone 4 0.1% 4 0.1% 5 0.1%Asian Alone 38 1.1% 40 1.1% 49 1.3%Pacific Islander Alone 0 0.0% 0 0.0% 0 0.0%Some Other Race Alone 126 3.6% 134 3.8% 207 5.3%Two or More Races 61 1.8% 63 1.8% 81 2.1%Hispanic Origin (Any Race) 333 9.6% 353 10.0% 509 13.1%

Data Note: Income is expressed in current dollars.

November 08, 2012

©2012 Esri Page 1 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.

Page 15: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics - 3 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 3 mile radius Latitude: 34.942150884

Longitude: -82.25847006

AreaStateUSA

Trends 2011-2016

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3.5

3

2.5

2

1.5

1

0.5

0

20112016

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

14131211109876543210

2011 Household Income

<$15K16.1%

$15K - $24K13.4%

$25K - $34K12.2%

$35K - $49K14.0%

$50K - $74K17.9%

$75K - $99K11.3%

$100K - $149K10.2%

$150K - $199K3.1%

$200K+1.8%

2011 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

2011 Percent Hispanic Origin: 12.3%

November 08, 2012

©2012 Esri Page 4 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.

Page 16: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics - 3 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 3 mile radius Latitude: 34.942150884

Longitude: -82.25847006

Summary 2010 2011 2016Population 37,882 38,620 41,889Households 14,776 15,076 16,357Families 10,227 10,430 11,189Average Household Size 2.55 2.54 2.54Owner Occupied Housing Units 9,903 10,081 10,990Renter Occupied Housing Units 4,873 4,995 5,367Median Age 35.9 36.0 36.4

Trends: 2011 - 2016 Annual Rate Area State NationalPopulation 1.64% 1.18% 0.67%Households 1.64% 1.28% 0.71%Families 1.42% 1.05% 0.57%Owner HHs 1.74% 1.36% 0.91%Median Household Income 3.78% 3.46% 2.75%

2011 2016 Households by Income Number Percent Number Percent

<$15,000 2,431 16.1% 2,483 15.2%$15,000 - $24,999 2,015 13.4% 1,655 10.1%$25,000 - $34,999 1,839 12.2% 1,518 9.3%$35,000 - $49,999 2,105 14.0% 2,184 13.4%$50,000 - $74,999 2,700 17.9% 3,652 22.3%$75,000 - $99,999 1,711 11.4% 2,133 13.0%$100,000 - $149,999 1,539 10.2% 1,842 11.3%$150,000 - $199,999 465 3.1% 569 3.5%$200,000+ 270 1.8% 320 2.0%

Median Household Income $42,762 $51,488Average Household Income $57,576 $63,671Per Capita Income $22,599 $24,973

2010 2011 2016 Population by Age Number Percent Number Percent Number Percent

0 - 4 2,941 7.8% 2,946 7.6% 3,202 7.6%5 - 9 2,592 6.8% 2,626 6.8% 2,804 6.7%10 - 14 2,534 6.7% 2,578 6.7% 2,790 6.7%15 - 19 2,433 6.4% 2,464 6.4% 2,477 5.9%20 - 24 2,479 6.5% 2,541 6.6% 2,654 6.3%25 - 34 5,483 14.5% 5,629 14.6% 6,229 14.9%35 - 44 5,167 13.6% 5,240 13.6% 5,431 13.0%45 - 54 5,295 14.0% 5,361 13.9% 5,286 12.6%55 - 64 4,146 10.9% 4,275 11.1% 4,937 11.8%

65 - 74 2,656 7.0% 2,774 7.2% 3,637 8.7%75 - 84 1,519 4.0% 1,542 4.0% 1,705 4.1%

85+ 635 1.7% 643 1.7% 738 1.8%

2010 2011 2016 Race and Ethnicity Number Percent Number Percent Number Percent

White Alone 28,420 75.0% 28,977 75.0% 30,727 73.4%Black Alone 5,843 15.4% 5,847 15.1% 6,001 14.3%American Indian Alone 77 0.2% 77 0.2% 91 0.2%Asian Alone 576 1.5% 589 1.5% 685 1.6%Pacific Islander Alone 16 0.0% 16 0.0% 18 0.0%Some Other Race Alone 2,162 5.7% 2,309 6.0% 3,385 8.1%Two or More Races 789 2.1% 805 2.1% 983 2.3%Hispanic Origin (Any Race) 4,459 11.8% 4,754 12.3% 6,678 15.9%

Data Note: Income is expressed in current dollars.

November 08, 2012

©2012 Esri Page 3 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.

Page 17: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics - 5 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 5 mile radius Latitude: 34.942150884

Longitude: -82.25847006

AreaStateUSA

Trends 2011-2016

Population Households Families Owner HHs Median HH Income

Annual

Rat

e (i

n p

erce

nt)

3

2.5

2

1.5

1

0.5

0

20112016

Population by Age

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

Perc

ent

141312111098

76543210

2011 Household Income

<$15K12.6%

$15K - $24K11.2%

$25K - $34K11.8%

$35K - $49K14.4%

$50K - $74K18.7%

$75K - $99K12.7%

$100K - $149K12.1%

$150K - $199K3.8%

$200K+2.7%

2011 Population by Race

White Black Am. Ind. Asian Pacific Other Two+

Perc

ent

75

70

65

60

55

50

45

40

35

30

25

20

15

10

5

0

2011 Percent Hispanic Origin: 9.5%

November 08, 2012

©2012 Esri Page 6 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.

Page 18: Walgreens Pharmacy Greer, South Carolina · Walgreens Pharmacy Greer, South Carolina • Requires just 21% down = $1,135,000 ... Hampton Blvd and North Buncombe Street, this is an

Walgreens Pharmacy Greer, South Carolina

DeerfieldPartnersJohn GiordaniArt Griffith(415) [email protected]

Demographics - 5 Mile RadiusDemographic and Income Profile1232 W Wade Hampton Blvd, Greer, SC, 29650 Prepared by John GiordaniDeerfield PartnersRing: 5 mile radius Latitude: 34.942150884

Longitude: -82.25847006

Summary 2010 2011 2016Population 88,103 89,635 96,240Households 34,117 34,742 37,309Families 24,329 24,760 26,294Average Household Size 2.57 2.57 2.57Owner Occupied Housing Units 24,677 25,038 26,936Renter Occupied Housing Units 9,440 9,703 10,373Median Age 37.4 37.4 37.9

Trends: 2011 - 2016 Annual Rate Area State NationalPopulation 1.43% 1.18% 0.67%Households 1.44% 1.28% 0.71%Families 1.21% 1.05% 0.57%Owner HHs 1.47% 1.36% 0.91%Median Household Income 2.22% 3.46% 2.75%

2011 2016 Households by Income Number Percent Number Percent

<$15,000 4,390 12.6% 4,412 11.8%$15,000 - $24,999 3,881 11.2% 3,131 8.4%$25,000 - $34,999 4,093 11.8% 3,295 8.8%$35,000 - $49,999 4,987 14.4% 5,046 13.5%$50,000 - $74,999 6,496 18.7% 8,513 22.8%$75,000 - $99,999 4,416 12.7% 5,342 14.3%$100,000 - $149,999 4,220 12.1% 4,899 13.1%$150,000 - $199,999 1,308 3.8% 1,579 4.2%$200,000+ 949 2.7% 1,091 2.9%

Median Household Income $50,047 $55,861Average Household Income $64,727 $71,308Per Capita Income $25,375 $27,947

2010 2011 2016 Population by Age Number Percent Number Percent Number Percent

0 - 4 6,405 7.3% 6,417 7.2% 6,908 7.2%5 - 9 5,988 6.8% 6,051 6.8% 6,383 6.6%10 - 14 6,091 6.9% 6,173 6.9% 6,600 6.9%15 - 19 5,714 6.5% 5,776 6.4% 5,746 6.0%20 - 24 5,198 5.9% 5,321 5.9% 5,499 5.7%25 - 34 11,811 13.4% 12,096 13.5% 13,217 13.7%35 - 44 12,117 13.8% 12,243 13.7% 12,527 13.0%45 - 54 12,871 14.6% 12,997 14.5% 12,657 13.2%55 - 64 10,612 12.0% 10,926 12.2% 12,480 13.0%

65 - 74 6,661 7.6% 6,944 7.7% 9,014 9.4%75 - 84 3,465 3.9% 3,512 3.9% 3,857 4.0%

85+ 1,167 1.3% 1,179 1.3% 1,352 1.4%

2010 2011 2016 Race and Ethnicity Number Percent Number Percent Number Percent

White Alone 69,648 79.1% 70,780 79.0% 74,367 77.3%Black Alone 10,753 12.2% 10,836 12.1% 11,275 11.7%American Indian Alone 194 0.2% 194 0.2% 222 0.2%Asian Alone 2,195 2.5% 2,236 2.5% 2,584 2.7%Pacific Islander Alone 50 0.1% 50 0.1% 56 0.1%Some Other Race Alone 3,585 4.1% 3,826 4.3% 5,637 5.9%Two or More Races 1,677 1.9% 1,712 1.9% 2,098 2.2%Hispanic Origin (Any Race) 8,012 9.1% 8,537 9.5% 11,974 12.4%

Data Note: Income is expressed in current dollars.

November 08, 2012

©2012 Esri Page 5 of 6

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2011 and 2016.