Drug Store
Walgreens | New Absolute NNN Lease | 5% Increases
3299 N Woodland Blvd, DeLand, FL 32720
Listing Price: $5,427,533
Investment Overview
The Walgreens is subject to new 13-year absolute net lease with no landlord management or maintenance responsibilities. The lease offers rare 5% rent increases every five years, providing exceedingly more cash flow than a traditional flat Walgreens lease. This is the perfect opportunity for net-lease investors and 1031 exchange investors. Contact us with any questions.
Exclusively Listed By
Broker of Record
Listing Price: $5,427,533
Investment Highlights
- New 13-Year Absolute NNN Lease
- Rare 5% Rent Increases Every 5 Years
- Critical Drive-Through Lane
- Investment Grade Tenant
- Essential Retailer Operating and Assisting U.S. Authorities During the COVID-19 Pandemic
Investment Overview
The Walgreens is subject to new 13-year absolute net lease with no landlord management or maintenance responsibilities. The lease offers rare 5% rent increases every five years, providing exceedingly more cash flow than a traditional flat Walgreens lease. This is the perfect opportunity for net-lease investors and 1031 exchange investors. Contact us with any questions.
Exclusively Listed By
Broker of Record
