WALGREENS | $4,631,000 | 6.40% CAP
» ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES): 13.5+ Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5 Years.
» STRATEGIC SIGNALIZED HARD CORNER LOCATION: Walgreens is Located on Southwest 1st Avenue Overseeing 29,300+ VPD.
» NEARBY MAJOR SCHOOLS: Walgreens Business Benefits from Being Close to Six Schools Totaling 3,400+ Students.
» ADJACENT TO SAFEWAY ANCHORED SHOPPING CENTER: Across 1st Avenue from Walgreens, Resides a Safeway Anchored Center with other National Tenants Such As: Ace Hardware, Dollar Tree, AT&T, and Starbucks. Other Surrounding Tenants Include: Panda Express, AutoZone, KFC, Dutch Bros Coffee, to Name a Few.
» STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
» STRONG DEMOGRAPHICS IN TRADE AREA: The 5-Mile Trade Area Supports Over 45,000+ Residents with an Average Household Income Exceeding $107,000.
» STRONG PERFORMING LOCATION: High Sales Reported - Contact Broker for Details.