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More Than Drugs and Beauty: Retail Pharmacies as Investments

Even as the role of retail pharmacy stores is changing, the physical buildings and land continue to be worthwhile investments, with a steady rate of return.

Jonathan Hipp

At one time, the retail pharmacy was where you would go to fill a prescription. Some of these locations offered other things, ranging from non-prescription health and beauty care products, to candy and gifts.

Much like the whole healthcare industry, the retail pharmaceutical sector is undergoing a seismic shift, thanks to mergers, acquisitions and new delivery methods. For the time being, and likely into the future, these retail properties are set up to offer a steady return on investment, combined with long-term earning potential.

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Jonathan Hipp

Jonathan Hipp

Jonathan Hipp began his career in real estate over 25 years ago. In his early years as a broker, he ventured into the net lease industry and quickly began leading the US net lease market, closing over $3 billion in transactions. In 2005, Jon founded Calkain Companies, a company focused solely on net lease investment services. As President and CEO, he has been instrumental in building the firm into one of the leading Net Lease real estate companies, transacting over $12 billion of net lease deal volume over the past 13 years. He has expanded Calkain’s services to include brokerage, advisory, asset management, capital markets, and industry research. He has become a well-known resource, panelist, and speaker at various Net Lease and Industry conferences and is a regular contributor to GlobeSt.com on real estate trends. In June 2015, Jon’s passion for the real estate business was again recognized as he was nominated for the Top Real Estate Player in the DC area by SmartCEO magazine.

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