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32034586
32034585

6005 N 72ND ST, OMAHA, NE 68134

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver
$3,430,737
39 days on market
Updated 19 days ago

Walgreens - $3.4M in Front of Store Sales

Details
APN 2233978020
Property Type Retail
Sub Type Pharmacy/Drug, Walgreens
Square Footage 13,000
Units 1
Cap Rate 6.65%
NOI $228,144
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 11/27/2038
Remaining Term 12.5
Rent Bumps Yes
Lease Options Twelve, 5 Year
Year Built 2007
Stories 1
Acreage 1.700
Tenant Credit Corporate Guarantee
Lease Commencement 11/18/2023
Ground Lease No

Nearest Walgreens to Ohama's 2nd Largest Hospital - Chi Health Immanuel Medial Center

Investment highlights

ABSOLUTE NET LEASE (NO LANDLORD RESPONSIBILITIES)

13.5 Years Remaining on Recently Signed 15-Year Term.

Lease Features Rare 5% Rental Increases Every 5 Years.

STRATEGIC SIGNALIZED HARD CORNER LOCATION WITH LIMITED WALGREENS COMPETITION IN IMMEDIATE TRADE AREA

Walgreens is Located on North 72nd Street & Crown Point Avenue Overseeing 55,000+ VPD.

The Nearest Walgreens to Subject Property is 3.5 Miles Away which Allows this Location to Excel.

NEARBY TO FOUR MAJOR SCHOOLS

Walgreens Business Benefits from Being Close to Four Schools Totaling 4700+ Students.

NEAR MAJOR HOSPITAL

CHI Health is the Second Largest Hospital in Omaha, NE with 356 Staffed Beds.

Walgreens, Less than One Mile Away, is a Favorite Pharmacy Used by CHI Health Patients.

ADJACENT TO TARGET ANCHORED SHOPPING CENTER

Across 72nd Street from Walgreens, Resides a Target

Anchored Center with other National Tenants Such As: Petsmart, Ross, Marshalls, Big Lots, Taco Bell, KFC, and Chick-fil-A.

STRONG CORPORATE GUARANTY:

Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.

STRONG DEMOGRAPHICS IN 10-MILE TRADE AREA

The 5-Mile Trade Area Supports Over 215,000+ Residents with an Average Household Income Exceeding $77,000.

Listing Contacts

AL
NE NE. 20250136, CO CO. ER100091205 (+5)
Marcus & Millichap - Denver
Listed by Marcus & Millichap - Denver

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$228,144.00
$19,012.00/mo

Valuation Metrics

0
DSCR
6.65%
Cap Rate
6.65%
ROI

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Additional Information

Name
Adam Lewis
License
NE 20250136
Title
Broker of Record
Name
Adam Lewis
License
NE. 20250136
Brokerage
Marcus & Millichap
Brokerage Phone
3033282000
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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