Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach, SRS Louisville
$4,817,000
Walgreens (Dollar General Sublease)
Details
APN 210-0077-0017-00
Property Type Retail
Sub Type Storefront
Square Footage 14,657
Cap Rate 9%
NOI $433,517
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 09/30/2028
Remaining Term 2.3
Year Built 2003
Acreage 1.370
Zoning T5N.SS-O
Parking Spaces 65 spaces
Parking Per SqFt 4.43
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/11/2003
Ownership Fee Simple (Land & Building Ownership)
Retail | 9.00% CAP | 14,657 SqFt
Investment highlights
Signalized, Hard Corner Intersection | High Traffic Area | Excellent Visibility & Access | Drive-Thru Equipped
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Western Hills Plaza | Western Village Shopping Center
Strong Demographics In 5-Mile Trade Area
Listing Contacts
Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach, SRS Louisville
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$433,517.00
$36,126.42/mo
Valuation Metrics
0
DSCR
9%
Cap Rate
9%
ROI
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