10 Yr Walgreens NNN | Only Drugstore in 13 Mi 116 N Green Ave

We are pleased to market for sale a Walgreens property in the Greater Oklahoma City metropolitan area located at 116 North Green Avenue in Purcell, Oklahoma. Walgreens has been successfully operating at this location for 15+ years on an absolute NNN lease with no landlord responsibilities whatsoever. This investment opportunity allows an investor to purchase a long term corporate guaranteed lease at a well established Main and Main location.
The property benefits from limited drugstore competition as the only Walgreens or CVS for over 13+ miles. Located just over two miles to the north along North Green Avenue is the brand-new state of the art Purcell Municipal Hospital which was completed in 2022 and draws in patients from a large swath of surrounding communities.
Purcell is located about 15 miles south of Norman along Interstate-35 which serves as the main connector between Oklahoma City and Forth Worth/Dallas to the South. Walgreens is positioned on North Green Avenue, which is the primary thoroughfare in the city of Purcell and is surrounded by numerous other national retailers. Purcell has seen steady population growth over the last few years, with the 5-mile population expanding by over 10% since 2020 and expected to grow more than 3% annually through 2029.