Drug Store
ABSOLUTE NNN WALGREENS WITH 12 YEARS BASE TERM REMAINING IN MIDWEST MARKET
345 E 20th St, Dubuque, IA 52001
Listing Price: $6,188,679
Cap Rate
5.30%
Tenant Name
Walgreens
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
14,568
Lease Type
Absolute Net
Rent Per Square Feet
$22.52
Investment Overview
Subject is a Prime 14,568 Square-Foot Walgreens Located on a Signalized Hardcorner, Highly Visible 1.2 Acre Lot with Exceptional Ingress/Egress, Drive-Thru and Ample Parking
ABSOLUTE NNN WALGREENS WITH 12 YEARS BASE TERM REMAINING IN MIDWEST MARKET
Investment Highlights
- Extremely Strong Location Fundamentals for Prime Infill, Features Absolute NNN Lease with Zero Landlord Responsibilities
- Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Stable Credit Rating of Baa2 (Stable) from Moody's and Investment Grade Rating of BBB (Stable) from S&P
- Parks and Outdoor Recreational Facilities Nearby Include: Swiss Valley Nature Preserve, Dubuque Arboretum & Botanical Gardens, Crystal Lake Cave, McAleece Park, and the Mighty Mississippi
Broker of Record
Drug Store
ABSOLUTE NNN WALGREENS WITH 12 YEARS BASE TERM REMAINING IN MIDWEST MARKET
Listing Price: $6,188,679
Cap Rate
5.30%
Tenant Name
Walgreens
Years Remaining On Lease
11.7
Guarantor
Corporate Guarantee
Rentable SF
14,568
Lease Type
Absolute Net
Rent Per Square Feet
$22.52
Investment Highlights
- Extremely Strong Location Fundamentals for Prime Infill, Features Absolute NNN Lease with Zero Landlord Responsibilities
- Investment-Grade Credit Tenant Walgreens Boots Alliance (NASDAQ: WBA) has a Long-Term Stable Credit Rating of Baa2 (Stable) from Moody's and Investment Grade Rating of BBB (Stable) from S&P
- Parks and Outdoor Recreational Facilities Nearby Include: Swiss Valley Nature Preserve, Dubuque Arboretum & Botanical Gardens, Crystal Lake Cave, McAleece Park, and the Mighty Mississippi
Investment Overview
Subject is a Prime 14,568 Square-Foot Walgreens Located on a Signalized Hardcorner, Highly Visible 1.2 Acre Lot with Exceptional Ingress/Egress, Drive-Thru and Ample Parking
Broker of Record
