Listed by RX Syndicate
$6,022,000
$100k Fee to Buyer Broker - 8.8 Year Walgreens With Upside
Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,943
Cap Rate 9%
NOI $542,000
Occupancy 100%
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 07/13/2034
Remaining Term 8
Lease Options 10 x 5
Price per SqFt $403
Acreage 2.000
Investment Type Stabilized
Lease Commencement 07/13/2009
$100k Fee to Buyer Broker - Value Add Walgreens - Stabilized Cash Flow and Upside for Redevelopment
Investment highlights
Extremely High Barriers to Entry
Strong Redevelopment Potential
~$4.700,000 in Rent for 8.8 Years
Absolute Net
Ultra Strong Corner
Corner Anchored by Walmart Supercenter & Fred Meyer
Listing Contacts
Listed by RX Syndicate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$542,000.00
$45,166.67/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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Property History
Tax History
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