10 Unique Adaptive Reuse Examples of Former Drugstore Real Estate
They include reuses by grocery stores, dollar stores and bookstores -- and even conversions into car wash units, collision centers and convenience stores
Faced with a re-tenanting, redevelopment or adaptive reuse of a former drugstore site?
You may want to consider some of the more unique current, proposed and potential alternatives to former CVS, Walgreens and Rite Aid drugstores that have been completed (or planned for future use).
These unique adaptive reuses include the following:
CAR WASH — multiple former Rite Aid drugstores in Pennsylvania and Michigan have been converted into car wash units by Express Wash Concepts
DOUGHNUT “HUB” — a former CVS in Minnesota is being repurposed as a “hub” site for Krispy Kreme Donuts
DOG PARK AND RESTAURANT — an ex-Rite Aid in the Atlanta area was redeveloped into a Dog Park and restaurant
MULTI-TENANT STRIP CENTER — a conversion has been proposed to turn a former Walgreens into a 5-tenant strip center complete with multiple drive-thru and pickup lanes
COLLISION CENTER — plans were developed to repurpose a former CVS drugstore in Illinois as a collision center and auto body shop
C-STORE AND GAS STATION — a repurpose of a Houston-area Walgreens has resulted in a convenience store and gas station
GROCERY STORES — multiple drugstores have been converted into grocery stores by Natural Grocers by Vitamin Cottage
DOLLAR STORES — why Dollar General, Dollar Tree and others have turned to backfills of former drugstore sites rather than new construction
FIVE BELOW — could fast growing specialty discount retailer Five Below look to former drugstore sites to add new stores?
BARNES & NOBLE — bookstore chain Barnes & Noble has resumed growth and added 60 new stores in 2024; why former drugstore sites could be its next re-tenanting opportunity?