11 Reasons We Like Walgreens as a Tenant for our 1031 DST Investments

  1. Walgreens is the largest retail pharmacy across the United States and Europe
  2. Walgreens had sales of $118.2 billion in the fiscal year ended August 2017
  3. Walgreens has a Standard and Poor’s Investment grade credit rating of BBB
  4. Walgreens interacts with approximately 8 million customers in its stores and online each day
  5. 76% of the United States population lives within five miles of a Walgreens or Duane Reade store
  6. Walgreens has over 13,200 stores in 11 countries
  7. Walgreens has 88 million active members in their Balance® Rewards program as of August 2017
  8. Walgreens has one of the largest global pharmaceutical wholesale and distribution networks with over 390 distribution centers delivering to more than 230,000 pharmacies, doctors, and hospitals each year
  9. Walgreens filled 990 million prescriptions (including immunizations) on a 30 day adjusted basis in fiscal 2017
  10. Walgreens has a strong and wide-ranging brand portfolio including Duane Reade, Boots, and Alliance Healthcare as well as their own beauty product brands
  11. Walgreens Boots Alliance is one of the world’s largest purchaser of prescription drugs as well as many other health and wellbeing products

*These statistics were found using the references below.