Tenant exposure
Walgreen in CMBS
The trusts' filings name Walgreen among the three largest tenants at properties securing 10 public CMBS loans with $219.0M outstanding. It is the largest tenant at 7 of them. None of those loans is delinquent or with a special servicer.
Every loan
| Property | Location | Type | Balance | Rate | Matures | DSCR | Occ. | Status |
|---|---|---|---|---|---|---|---|---|
| Old Chicago Post Office | Chicago, IL | Office | $125.0M | 3.47% | Jan 2027 | n/a | n/a | Current |
| Walgreens Distribution Center | Mount Vernon, IL | Industrial | $31.2M | 6.14% | Apr 2033 | 1.78x | 100% | Current |
| Studio One Apartments | Detroit, MI | Mixed use | $23.4M | 6.457% | Jul 2035 | 1.77x | 86% | Current |
| Walgreens Orlando Operations Center | Orlando, FL | Office | $16.0M | 6.25% | Dec 2032 | 1.84x | 100% | Current |
| Richmond City Center | Richmond, CA | Retail | $8.3M | 4.50% | Jul 2029 | 0.17x | 81% | Current |
| Walgreens - Auburn AL | Auburn, AL | Retail | $3.8M | 5.486% | May 2032 | 1.52x | 100% | Current |
| Walgreens Houghton | Houghton, MI | Retail | $3.8M | 4.68% | Jul 2027 | 2.11x | 100% | Current |
| Walgreens Fayetteville | Fayetteville, AR | Retail | $3.1M | 3.935% | Feb 2032 | 2.20x | 100% | Current |
| Walgreens Newberg, OR | Newberg, OR | Retail | $2.7M | 4.19% | Jun 2031 | 1.29x | 100% | Current |
| Walgreens Adrian | Adrian, MI | Retail | $1.7M | 4.465% | Nov 2026 | 2.17x | 100% | Current |
Where Walgreen is the largest tenant: lease end dates
| Property | Lease ends | Loan matures | Balance |
|---|---|---|---|
| Walgreens Orlando Operations Center | Nov 2032 | Dec 2032 | $16.0M |
| Walgreens Houghton | Oct 2035 | Jul 2027 | $3.8M |
| Walgreens - Auburn AL | Apr 2037 | May 2032 | $3.8M |
| Walgreens Distribution Center | May 2038 | Apr 2033 | $31.2M |
| Walgreens Newberg, OR | Jan 2063 | Jun 2031 | $2.7M |
| Walgreens Adrian | Feb 2078 | Nov 2026 | $1.7M |
| Walgreens Fayetteville | Oct 2081 | Feb 2032 | $3.1M |
Red: the lease ends before the loan matures, the rollover a refinancing lender will look at hardest.
Filed names grouped here: WALGREEN CO.; Walgreen; Walgreen Co; Walgreen Co. From each trust's ABS-EE filing (largest, second and third largest tenant fields). Pro will alert you when any of these loans changes.