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Drug Store

Walgreens

100 E McMurray Rd, McMurray, PA 15317

Listing Price: $10,304,761

Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
63.0
Guarantor
Corporate Guarantee
Rentable SF
14,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.95

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 100 East McMurray Road in in McMurray, Pennsylvania. The site constructed in 2010, consists of roughly 14,640 rentable square feet of building space and sits on an approximately 1.40-acre parcel of land. Walgreens is subject to a 75-year triple-net (NNN) lease, which commenced on July 26th, 2010. The current annual rent is $541,000. There are increases every five years beginning in year 26 of the lease.

Investment Highlights

  • Long-Term, 25-Year Absolute Triple Net (NNN) Lease With +/- 13.4 Years Remaining of Base Term
  • Corporate Location, Corporate Guarantee | Built in 2010
  • Rental Increases Every Five Years Beginning in Year 26

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s) PA: RM424190

    Pennsylvania

Financing By

Listing Price: $10,304,761

Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
63.0
Guarantor
Corporate Guarantee
Rentable SF
14,640
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$36.95

Investment Highlights

  • Long-Term, 25-Year Absolute Triple Net (NNN) Lease With +/- 13.4 Years Remaining of Base Term
  • Corporate Location, Corporate Guarantee | Built in 2010
  • Rental Increases Every Five Years Beginning in Year 26

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 100 East McMurray Road in in McMurray, Pennsylvania. The site constructed in 2010, consists of roughly 14,640 rentable square feet of building space and sits on an approximately 1.40-acre parcel of land. Walgreens is subject to a 75-year triple-net (NNN) lease, which commenced on July 26th, 2010. The current annual rent is $541,000. There are increases every five years beginning in year 26 of the lease.

Broker of Record

  • Sean Beuche

    Vice President/Regional Manager

    (215) 531-7000

    License(s): PA: RM424190

    Pennsylvania

Financing By

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