8+ Cap - $3.4MM Estimated Sales (Per Placer.ai) - Low Rent
5% Rent Increase In 2027- Zero Competition - Low Price Point
Investment highlights
Lease Term —- Walgreens has Over 11.5 Years Remaining on the Base Term of the Lease with Rare 5% Rent Increases in the Base Term and Each Option as a Hedge Against Inflation Providing Investor Security
Upcoming Rent Increase —- Walgreens has a 5% Rent Increase in 1.5 Years (2027) Providing Immediate Upside and Additional Yield to an Already High Yield Investor Opportunity
Passive Income —- Absolute NNN Leased Walgreens With Low Rent and No Landlord Responsibilities Located at the Heavily Trafficked Signalized Intersection of W Fond Du Lac Street and Westgate Drive with More Than 6,800 Vehicles Passing Daily
Active Retail Corridor —- Subject Property is Surrounded by Many of the Nation’s Most Successful Retailers Including Hy-Vee Grocery, Theisen’s Home Farm Auto, KFC, Dollar Tree, O’Reilly Auto, McDonald’s, Culver’s, and More
Limited Competition —- This Location Benefits from Being the Only Walgreens or CVS within a 20-Mile Radius Providing Long Term Customer Stability and Strong Sales
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