Drugstores
Trusted Partners in Drugstore Real Estate
Every team at SIG is hyper specialized — our expertise isn’t just in retail real estate, it’s in drugstore real estate. We’ve facilitated thousands of transactions of CVS, Walgreens, and other pharmacies across the country and have the proven track record and niche experience needed to guide our clients every step of the way.
Existing Drugstore Assets
With decades of experience in the market, our team can evaluate and help underwrite our client’s portfolio, creating a strategy to maximize returns and accomplish our client’s near- and long-term goals. We partner with our clients to negotiate leases, add locations, and handle dispositions and 1031 exchanges with best-in-class execution.
Assessing Opportunities and Lease Structures
When identifying an opportunity, we guide clients through critical factors like lease structure, years remaining, rental increases, renewal options, and any relevant government regulations or licensing requirements—all aimed at finding the best property for their goals. Many drugstore leases are structured as NNN, which means owning a drugstore can involve minimal landlord responsibilities since the tenant covers all operating costs.
Financing and Refinancing
Our strong relationships with lenders, mortgage brokers, and equity providers focused on the pharmacy space benefit our clients directly. With extensive expertise and a network of trusted financing partners, we’re able to offer a wide range of favorable financing options. Our holistic approach to each client’s portfolio includes customized financing and depreciation strategies.
Unmatched Database
At SIG, our advisors are always proactively prospecting to find and present our clients with more opportunities than ever before. Our entire team operates with a shared database and a collaborative team mindset, resulting in unparalleled access to new listings and sellers with relevant off-market properties.
Strategic Focus in an Evolving Landscape
As consumer behavior shifts and new tech disrupts, it’s crucial to assess each opportunity carefully.
Drugstore Market Outlook
From mini-drugstores (3,000 SF vs. 10,000+ SF) to in-store healthcare clinics, we’re seeing drugstore companies shift their focus away from retail and into consumer wellness and service-oriented concepts such as CVS’s HealthHub and Walgreens’ VillageMD.
Recent Drugstore Listings
Get Drugstore Updates
Sands Investment Group (“Broker”) is presenting for sale the Subject Property (“Property”) referenced above, by the Property’s owner (the “Owner”). Our agreement with the Owner requires that we obtain a Non-Disclosure before disclosing the name and location of his/her location of his/her business. The undersigned (“Recipients”) hereby acknowledge and agree that certain confidential information that has been or may be disclosed is intended solely for Recipients’ limited use in considering whether to pursue negotiations to acquire the Property.
Neither the Owner of the Property nor Broker or any of their respective officers, employees or agents, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto. Information provided has been or will be gathered from sources that are deemed reliable; however, neither Owner nor Broker warrants or represents that the information is true or correct. Recipients are advised to verify information independently. Owner and/or Broker reserve(s) the right to change the Property’s purchase price, or any Property or market information provided, or to withdraw the Property from the market at any time without notice.
Recipients agree that the information provided by Broker is confidential and as such, agrees to hold and treat such information in the strictest of confidence. In addition, Recipients agree not to disclose, directly or indirectly, or permit anyone else to disclose this information to any person, firm or entity without prior written authorization of Owner or Broker and not use, or permit to be used this information in any fashion or manner detrimental to the interests of Owner or Broker. Photocopying or other duplication of such confidential information is strictly prohibited. Recipients agree not to contact the Property’s tenant(s), leasing brokers, or property management staff in connection with Recipients’ review of the Property or confidential information. IN ADDITION, THE CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OR PREPARATION OF THE OFFERING MEMORANDUM.
While Owner and/or Broker may discuss the purchase and sale of the Property with Recipients, either Owner or Broker, in our sole and absolute discretion, may terminate sale discussions at any time and for any reason. Recipients acknowledge that neither Owner nor Broker has any obligation to discuss or agree to the sale of the Property. The acquisition discussions may be lengthy and complex. Notwithstanding that the parties may reach one or more oral understandings or agreements on one or more issues, neither of the parties shall be bound by any oral agreement of any kind, and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or Broker except to the extent expressly set out in a written agreement signed by both Owner and Broker.
This letter will further confirm that Recipients understand that Broker is presenting the information on the above-referenced Property and that Recipients agree that all initial correspondence and agreements pertaining to the opportunities and subsequent purchase shall be submitted through Agent. Prospective Buyer shall not contact the Owner directly unless given written permission by Agent or act either directly, indirectly, through any third parties including affiliates, other clients or other brokers to circumvent the purpose of this Agreement.
The term of this Agreement is for one (1) year from the date below, which shall be automatically extended through any ongoing negotiations, escrow periods or closing of any purchase and sales transaction(s) for the opportunity entered into by Prospective Buyer or its affiliates during the term hereof.
By filling in your information and submitting this form, you are accepting the terms of this agreement.
