Walgreen's With Drive Thru Pharmacy
Walgreen's With Drive Thru Pharmacy
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Alliance Investment Real Estate Group is pleased to present an opportunity to purchase this single-tenant, Absolute NNN leased Walgreen's (Dark location - but Walgreens is still obligated to pay $342,000 a year until end of 2033) with a drive-thru pharmacy that was built in 2008. There is approx. 7+ years left on the initial term of the lease (with 50 years of renewal options to extend) and over $2.5M of remaining rent to be paid to the landlord which is guaranteed by Walgreens Corporation (NYSE:WBA) making the guarantee one of the strongest in all Single Tenant Net Leases. Walgreens is ranked #27 on the Fortune 500 list as January 2025. Walgreens hasn’t missed a rent payment and the landlord is collecting $342,000 a year ($28,500 a month) in rent. Being a true NNN lease, Walgreens is responsible to take care of any and all maintenance and repairs needed, leaving the Landlord with ZERO RESPONSIBILITIES — ideal for an investor looking for an extremely passive and secure investment.
NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING US FIRST TO DISCUSS AT: 949-250-0400.
Agent/Broker of Record takes no responsibility for the accuracy of any of the information disclosed. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Ohio Broker of Record: Dan Cooper, Broker License # BRKP.2009003618
Investment highlights
There is approx. 7+ years left on the initial term of the lease (with 50 years of renewal options to extend) and over $2.5M of remaining rent to be paid to the landlord which is guaranteed by Walgreens Corporation
Landlord is collecting $342,000 a year ($28,500 monthly) in rent
NNN lease, Walgreens is responsible to take care of any and all maintenance and repairs needed, leaving the Landlord with ZERO RESPONSIBILITIES
Located In An Area Along A Main Retail Thoroughfare
Drive - Thru Pharmacy - Ample Parking - Excellent Visibility And Ingress & Egress
Absolute NNN - Zero Landlord Responsibilities - Fee Simple Ownership
Located Near Other National Tenants
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