Sold Subscription Required
| Price $5,027,262 | Built/Renov 1995 | Tenant Walgreens |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
12,209
| Lease Start
02-23-2023
| #Units
12,500
|
| Price/SF $411.77 | Expiration
02-28-2038
| Tenant Type Pharmacy |
| NOI $326,772 | R. Term 12.60 | Ownership Fee Simple |
| Rent/SF
$26.76
| Increases 5.0%/6/yrs | Pop 5Mi 623,435 |
| Lot/AC 0.89 | Options 12/5yrs/5% | AHHI 5Mi $85,565 |
| | |
Walgreens is strategically located at the hard-corner intersection of Roosevelt Road and Des Plaines Avenue, with daily traffic counts exceeding 34,000 vehicles. The property is positioned along a dense retail corridor just 10 miles west of Downtown Chicago, within the well-established urban suburb of Forest Park. It is surrounded by prominent national retailers including CVS, Jewel-Osco, and...
...Hard corner intersection
In location for years
Dense retail corridor
Central metro location
Dense 200M+ pop 5 mi
Major MSA
Long operation history
Absolute NNN
Traded and rated company
Over 2000 units backed
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
Silver Springs, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 11,982
Irvington, NJ
Cap Rate 5.75%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 12,300
Cypress, TX
Cap Rate 5.77%
Lease Abs NNN
R. Term 7.30 yrs
Size/SF 12,725
Sheboygan, WI
Cap Rate 5.57%
Lease Abs NNN
R. Term 16.30 yrs
Size/SF 14,200
Lancaster, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 15,251
Meridianville, AL
Cap Rate 7.10%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 13,225
Fishers, IN
Cap Rate 6.25%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,310
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
.png)
.png){kind=link}
