Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach, SRS Louisville
$4,150,000
Walgreens (Family Dollar Sublease)
Details
APN 056-92-195-06-000
Property Type Retail
Sub Type Storefront
Square Footage 14,498
Cap Rate 9.16%
NOI $380,004
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens, Family Dollar
Lease Type Absolute NNN
Lease Term 25
Lease Expiration 09/30/2030
Remaining Term 4.3
Year Built 2004
Acreage 1.320
Zoning B-2 General Business
Parking Spaces 57 spaces
Parking Per SqFt 3.93
Investment Type Net Lease
Lease Commencement 10/01/2005
Ownership Fee Simple (Land & Building Ownership)
Retail | 9.16% CAP | 14,498 SqFt
Investment highlights
Corporate Signed Lease | Signalized, Hard Corner Intersection | Excellent Visibility & Access | Drive-Thru Equipped
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Appleseed Center | Top-Ranked Kroger | Dense Retail Corridor
Strong Demographics In The Immediate Trade Area
Listing Contacts
Listed by SRS Real Estate Partners - Global Company, SRS Real Estate Partners Newport Beach, SRS Louisville
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
$380,004.00
$31,667.00/mo
Valuation Metrics
0
DSCR
9.16%
Cap Rate
9.16%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Brokerage
Title
Is there information that looks off?
