Listed by SRS Louisville, SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
$1,030,000
Walgreens
Details
APN 07-60-13-02-015-0001.00
Property Type Retail
Sub Type Convenience Store, Pharmacy/Drug
Square Footage 3,966
Cap Rate 8.25%
NOI $85,000
Tenancy Single
Brand/Tenant Walgreens
Lease Type NNN
Lease Term 17
Lease Expiration 09/30/2029
Remaining Term 3.3
Lease Options 9 (5-Year)
Year Built 2012
Acreage 1.000
Zoning Commercial
Parking Spaces 53 spaces
Parking Per SqFt 13.36
Investment Type Net Lease
Lease Commencement 09/17/2012
Ownership Fee Simple (Land & Building Ownership)
Retail | 8.25% CAP | 3,966 SqFt
Investment highlights
3+ Years Remaining | Options To Extend | Extremely Low Rent
NNN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
US Highway 67 (17,000 VPD) | Retail Corridor |Strong National/Credit Tenant Presence
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Louisville, SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,000.00
$7,083.33/mo
Valuation Metrics
0
DSCR
8.25%
Cap Rate
8.25%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Name
License
Is there information that looks off?
