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Walgreens

PharmacyPrivate (Sycamore Partners)
Avg cap rate (T12)
Being compiled
S&P
NR
Moody's
NR
U.S. units
~8,000
Typical lease
20–25 yr NNN, flat; often early-out rights

Ratings and unit counts come from public sources (agency ratings, company filings, trade press) as of Oct 14, 2026, believed reliable but not independently verified. A rating may belong to a parent company rather than the entity that signs or guarantees the lease. Typical lease terms are general market norms, not a valuation of any property. Do your own due diligence before any purchase, sale or lease. Full disclosures

Recent headlines

  1. Oct 7, 2026
    Ownership / M&A
    Owner of Walgreens reaches deal to sell UK pharmacy chain Boots for $8.9 billionChicago Tribune
  2. Aug 4, 2026
    Closing units
    Walgreens is closing locations in 2026, but not as many as planned, reports sayWOWT / Gray News
  3. Jun 23, 2026
    Closing units
    Walgreens closes Midtown location, the eighth shuttered in three yearsMilwaukee Journal Sentinel
  4. Apr 2, 2026
    Remodel / rebrand
    Walgreens targets $4 billion EBITDA under Sycamore's turnaround planTradingView
  5. Mar 27, 2026
    Ownership / M&A
    One Year after the Walgreens Buyout: Will Critics’ Warnings Come to Pass?Private Equity Stakeholder Project PESP

Headlines are third-party reporting and link to the original publisher. Including a headline doesn't mean I or Marcus & Millichap were involved in any transaction mentioned.

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