

Walgreens (Subleased to Dollar Tree)
11.25% Cap Rate | 7+ Years Remaining
Investment highlights
The subject property consists of 14,550 SF of improved building area on approximately 1.43 acres of total property. This absolute NNN investment is corporately guaranteed by Walgreens and subleased to Dollar Tree with over 7 years remaining on the base term. This store is located on the heavily trafficked SE McLoughlin Blvd with average daily traffic counts of 26,000+ cars. This location was recently constructed in 2013. This investment offers a qualified investor a great opportunity in a densely populated high-income location with many barriers to entry. Located in a strong retail corridor near other retailers including a Fred Meyer Grocery Store, Walmart Neighborhood Market, Trader Joe's, 7 Eleven, Jack in the Box, KeyBank, MOD Pizza, Plaid Pantry, Wells Fargo, Starbucks, Harbor Freight Tools, Ace Hardware, Burger King, Five Guys, and Popeyes
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