Considering the recent inflation levels, drugstore interest among investors has shown a decline. With Core Inflation Rates at 6.50%, the historically flat rents don't compute with the Consumer Price Index (CPI) of 287.71 points, making holding of Drugstore assets less secure of late.
Ocean Block Capital's Blog
Acquisitions Associate, Ocean Block Capital
In December of 2019, I had the opportunity to work on the acquisition of the Outback Steakhouse located on Stockdale Highway in Bakersfield, CA.
In April of 2021, I had the pleasure of acquiring the Firestone Complete Auto Care property in Odessa, TX.