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The Non-Dismal Future of Shuttered Retail Pharmacies
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The Non-Dismal Future of Shuttered Retail Pharmacies
Walgreens, CVS, and Rite Aid have been closing locations since 2022, with hundreds more scheduled to be shuttered in 2026. The question becomes, what happens to all of that space? A recent article in Urban Land Magazine explained that these empty spaces offer multiple opportunities for savvy real estate owners and investors. “The real estate often sits in prime locations, and many of these brick boxes remain operationally flexible,” the article …
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