Investment Overview

ABSOLUTE NET LEASE (NO LANDLORD RESPONSIBILITIES) 14 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5 Years. OUTPARCEL TO WALMART ANCHORED SHOPPING CENTER: Subject Property is Strategically Located at the Entrance of a Busy Walmart. STRATEGIC SIGNALIZED LOCATION WITH LIMITED WALGREENS COMPETITION IN IMMEDIATE TRADE AREA Walgreens is Located on North Arizona Blvd. which sees 15,367+ VPD. The Nearest Walgreens to Subject Property is 18 Miles Away which Allows this Location to Excel. PHOENIX MSA. The Phoenix MSA (Metropolitan Statistical Area) is One of the Fastest-Growing Regions in the U.S., Characterized by a Dynamic Economy, Diverse Industries, and a Rapidly Expanding Population. NEARBY TO THREE MAJOR SCHOOLS | 7,148 HOUSEHOLDS IN 5-MILE RADIUS Walgreens Business Benefits from Being Close to Three Schools Totaling 2,299+ Students. STRONG CORPORATE GUARANTY Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands. STRONG DEMOGRAPHICS IN 10-MILE TRADE AREA The 10-Mile Trade Area Supports Over 66,641+ Residents with an Average Household Income Exceeding $75,000.