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| Price $4,308,000 | Built/Renov 2004 | Tenant Walgreens |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,820
| Lease Start
09-01-2004
| #Units
13,532
|
| Price/SF $290.69 | Expiration
03-31-2036
| Tenant Type Pharmacy |
| NOI $280,000 | R. Term 11.5 | Ownership Fee Simple |
| Rent/SF
$18.89
| Increases 0.0%/0/yrs | Pop 5Mi 15,403 |
| Lot/AC 1.35 | Options 9/5yrs | AHHI 5Mi $132,933 |
| | |
Walgreens is strategically located at the signalized, hard-corner intersection of Walnut Street and Highway 40, with access to a combined daily traffic count of 17,600 vehicles. The property is conveniently situated minutes from downtown Highland and near well-known national tenants such as McDonald's, Walmart, Dollar General, O'Reilly Auto Parts, and others. Additionally, it is less than 1...
...Signalized intersection
In location for years
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Recently extended lease
Absolute NNN
Traded and rated company
Investment grade tenant
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...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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