The Breakdown · Ep. 038 · 16:47
Walgreens dark boxes: buyout, backfill or wait out the term?
Closure lists skew to short remaining term. Here's how owners are negotiating — and who backfills a pharmacy box.
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Show notes
Walgreens' closure program and take-private changed the pharmacy net lease market. We break down the three paths an owner has when a store goes dark — negotiate a buyout, re-tenant, or collect rent through expiration — and which deal terms matter for each.
Tenant profile: Walgreens