Walgreens | Ranked #1 Walgreen's within 100 miles
10% Rent Increase | 72,350 ADT
Marketing description
Commercial Retail Associates, Inc. is pleased to have been selected as the exclusive listing agent for the sale of this property that is ground leased to Walgreens, who constructed at their expense the site work and a ±15,435 square foot free-standing prototype building with drive-thru pharmacy lane located at the signalized corner of Shaw Avenue and Palm Avenue in Fresno, California. With over 72,350 average daily traffic at the intersection, the subject property has unobstructed visibility to busy Shaw and Palm Avenues and access points on both arterials. The strategic location of this property is within a dense and centralized 360-degree trade area of Fresno. This offering presents an investor with an opportunity to acquire an attractive pride-of-ownership, passive commercial property investment that is ground leased to a nationally recognized corporate guarantor, with a long-term lease commitment to the subject site.
Investment highlights
Ranked #1 Walgreen's within 100 miles per CenterCheck
Absolute NNN Corporate Guaranteed Ground Lease | No Landlord Responsibilities
Rare Walgreens Lease with 10% Rent Increases Every 10-years
Hard Corner Free-Standing Prototype Construction with Drive-Thru Lane
Across from Whole Foods Anchored Fig Garden Village
High Traffic Volume Location | 72,350 ADT at Shaw and Palm Avenues
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