520 Lyndon Ln, Lyndon, KY 40222

Original 20-Year Lease – Triple Net Structure | The property is an original 20-year triple net (NNN) lease, with just over 6 years of lease term remaining and zero landlord responsibilities. The original lease commenced in 2001, with Walgreens successfully operating out this location for nearly 14 years. Additionally, Walgreens extended the term of the lease in 2019 several years early to add 11 years of term due to strong site performance.

Excellent Corporate Guaranty | The lease is fully guaranteed by Walgreens (NASDAQ: WBA), a global leader in retail pharmacy and health services, that operates over 8,700 store in the United States. The corporate guarantee significantly mitigates credit risk, ensuring reliable rental income and enhancing the overall security and desirability of the asset for both individual and institutional investors.

Exceptional Assumable Debt | This property offers investors the rare opportunity to assume in-place financing with highly favorable terms. The existing loan carries a low 3.1% interest rate fixed through 2031, providing significant savings compared to current market rates. With a remaining loan balance of $5,420,600 the assumable debt enhances cash flow and overall investment yield.

Robust Traffic Counts and Visibility | This Walgreens benefits from strong visibility and robust traffic counts of 23,500 and 21,000 vehicles per day along New La Grange Road and Lyndon Lane, respectively. The strong traffic counts provide consistent drive-by visibility and easy access, which are critical factors for retail performance.

Strong Demographics | There are more than 85,000 individuals residing within a three-mile radius of the property and more than 199,000 individuals within a five-mile radius. This significant population density ensures a large and diverse tenant and consumer base, supporting consistent demand for both residential and commercial uses. High population concentrations are a strong indicator of market activity, economic vitality, and long-term growth potential, making the location especially attractive for sustained rental income and future appreciation.