Listed by Drugstore Property Advisors
$3,567,000
12% CAP NNN - 10 years - Fortune 500
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 13,200
Cap Rate 12.00%
NOI $428,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, Family Dollar
Lease Type NNN
Lease Expiration 07/31/2035
Remaining Term 9.2
Price per SqFt $270
Broker Co-Op Yes
Year Built 2010
Acreage 1.200
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
$100k fee - 12% CAP on 10 Year NNN - Fortune 500
Marketing description
This is an excellent opportunity for an investor to acquire a high yield freestanding NNN Walgreens sublet to Family Dollar in charming and historic Winchester, a city in northern Virginia, just an hour and a half outside of Washington DC. This property is well located at the intersection of Amherst St and W Boscawen St.
Investment highlights
True NNN - zero landlord responsibilities
Sublet to Family Dollar
Both Walgreens and Dollar Tree are Fortune 500 Companies
Full Walgreens corporate guaranty
Affluent area with $90k+ in Avg Household Incomes
Listing Contacts
Listed by Drugstore Property Advisors
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$428,000.00
$35,666.67/mo
Valuation Metrics
0
DSCR
12%
Cap Rate
12%
ROI
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