Why You See So Many Walgreens, Rite-Aids and Duane Reades

Net lease investors see drugstores as solid, no-nonsense investments, and with an unstable market that's music to an investor's ears.

Elaine Misonzhnik reports on why drugstores are seen as a safe bet:

"That's because drugstore chains typically sign leases for at least 20 years, with additional renewal options extending their terms to as much as 75 years in total. Moreover, two of the three major drugstore chains in the market-Walgreen Co. and CVS Caremark Corp.-come with investment grade credit ratings. That makes it easier for buyers to secure financing and is a big reason why the assets continued to trade throughout the downturn."

Full Story: Net Lease Investors Remain Enamored With Drugstores


Brand new! Urban Grid City Collection

Each city has its own unique story. Commemorate where you came from or where you want to go.
Grids and Guide Red book cover

Grids & Guides

A notebook for visual thinkers. Available in red and black.
T-shirt with map of Chicago

Show your city pride

Men's Ultrasoft CityFabric© tees. Six cities available.
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!