On today’s show we are talking about pharmacies. It used to be the case that pharmacies were considered AAA tenants when it comes to retail. There was an entire industry of land owners who had developed tax sheltered land offerings for investors seeking safe investments that would defer capital gains tax.
On today’s show we are looking at the pressure facing large pharmacy chains and why they are closing locations by the thousands as well as the impact on those communities, the retail landscape.
Why are they dying and what will replace them?
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