For more information contact: Keith Sturm (612) 332-6600  Upland Real Estate Group, Inc.

Property Description

Founded in 1901, Walgreens is a national retail pharmacy chain considered to be the leader in innovative drugstore retailing. Walgreen Company's primary business is the operation of retail drugstores. While Walgreen has fewer stores than its closest rival CVS, it is #1 in the nation in sales, generating $47.4 billion of sales in fiscal year 2006. Walgreen operates some 5,700 stores in 48 states and Puerto Rico, and has three mail order facilities. Prescription drugs account for about 65% sales; the rest comes from general merchandise, over-the-counter medications, cosmetics, and groceries. Walgreen usually builds rather than buys stores, so it can pick prime locations. For added convenience, more than two-thirds of its stores offer drive-through pharmacies, and almost all offer one-hour photo processing. Walgreens had revenues of $47,409 million in August 2006.

Castle Pines Village is a vibrant enclave set away from the hectic pace of city life. Nestled within a majestic ponderosa pine forest with dramatic sandstone cliffs, gamble oak, and delicate wildflowers, this 3.000 acre gated, master planned community is situated in the rapidly growing, yet tranquil surroundings of Douglas County, Colorado. Retailers in the immediate area include: Papa John's, US Bank, King Soopers, Washington Mutual, Popeyes, Shell Gast Station, Conco, Wells Fargo, Wendy's, Starbucks and Subway.