Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
1275 N Galena Ave, Dixon, IL 61021
Listing Price: $5,275,728
Investment Overview
The Walgreens is subject to a long term 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
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing Broker
Financing By
Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
Listing Price: $5,275,728
Investment Highlights
- Long Term 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 a long term 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
-
Steven D. Weinstock
First Vice President / Regional Manager / Designated Managing Broker
Financing By
