4685 E GRANT RD Tucson AZ 85712-2618

The Lease provides 5% fixed rent increases every 5-years during the primary term and the 12, 5-year option periods.

NEW 15-YEAR ABSOLUTE NNN LEASE

The subject property operates under a new Absolute NNN Lease with no Landlord management or maintenance responsibilities whatsoever.

INVESTMENT GRADE TENANT

The Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. and rated Baa2/Stable by Moody’s. Walgreens Boots Alliance, Inc., the Parent Company, carries an Investment Grade Credit Rating of BBB/Stable from S&P and Baa2/Stable from Moody’s.

WELL-ESTABLISHED LOCATION WITH DRIVE-THRU

The subject property benefits from a drive-through pick-up window to deliver prescription and non-prescription drugs along with many other essential retail items during the COVID-19 pandemic. Walgreens has a 23-year operational history at this location and the new 15-year absolute NNN lease (with increases) reflects their re-commitment to this location for the foreseeable future.

ESSENTIAL RETAILER OPERATING AND ASSISTING U.S. AUTHORITIES DURING THE COVID-19 PANDEMIC(3)

As a global, pharmacy-led health care company, Walgreens Boots Alliance has been working to ensure the safety and well-being of their colleagues, patients and customers during the pandemic of COVID-19. Their retail pharmacies have worked to provide up-todate information and public health guidelines to customers, and their emergency response teams across the business are actively working to find ways play a greater role in what has become a global emergency – including working with the United States federal government to expand access to COVID-19 testing.

EXCEPTIONALLY HIGH TRAFFIC COUNTS, LOCATED ACROSS FROM POWER CENTER AND TRADER JOE’S

The subject property is situated on a main four-way signalized corner, with excellent visibility and access. There are exceptionally high traffic counts of 40,030 VPD along E. Grant Raod and 33,000 VPD along N. Swan Road. Crossroads Festival, a 32-store power center anchored by Fry’s, Bed, Bath & Beyond, and Roadhouse Cinema is located across the street with Trader Joe’s, PetSmart, and Chipotle on the opposite corner.

LOCATED ON A MEDICAL CORRIDOR 1 MILE EAST OF TUCSON MEDICAL CENTER

Tucson Medical Center (TMC), a 641-bed regional hospital, is located one mile east on E. Grant Road. A Mayo Clinic Care Network member, TMC holds designation as a Neuroscience Center of Excellence (by NeuStrategy Inc.), certification as a Primary Stroke Center (by TJC) and accreditation as a Chest Pain Center (by SCPC). Truven Health Analytics also named it one of the nation’s 50 Top Cardiovascular Hospitals. A variety of medical offices and institutions are located in the immediate area surrounding the hospital.

(1) Rentable Area, Lot Size, Guarantor, Lease Terms, Building Specifications, Year Built, Demographics and S&P/Moody’s Ratings are estimates. Buyer is responsible for verifying during the Due Diligence process.

(2) All financial data shown above is for Walgreens Boots Alliance, Inc., the Parent Company. The Tenant under the Lease, Walgreen Co., is a subsidiary of Walgreens Boots Alliance, Inc., the parent company. Walgreens Boots Alliance, Inc. does not guarantee the lease.

(3) Sources:

• Rare Walgreens Lease With Rent Increases
• New 15-year Absolute Nnn Lease
• Investment Grade Tenant
• Well-established Location With Drive-thru
• Essential Retailer Operating And Assisting U.S. Authorities During The Covid-19 Pandemic
• Exceptionally High Traffic Counts, Located Across From Power Center And Trader Joe’s
• Located On A Medical Corridor 1 Mile East Of Tucson Medical Center