Why are most Walgreens located at intersections?

Walgreens and CVS Pharmacy continue to vie for customers money with a new CVS being built on the corner af Andrews Hwy and Midland Drive. ... read more

When they bought every desirable corner and expanded from 2k to 5k stores in less than 8 years. That business model was destroyed as was their management structure. read more

If a customer is not fully satisfied by what Walgreens has, and the CVS store is nearby, some customers will check CVS; if CVS is far away, customers will accept what Walgreens has for sale. CVS and Walgreens also commonly locate near large grocery stores. read more

Most of the time b/c hard corners are prime real estate, the pads are ground leased to potential tenants for rates ranging from $450k to $550k per year. Walgreens like hard corners b/c of visibility and high traffic counts and if you think about it, most of their shoppers are there for convenience and easy access shopping. read more