Drug Store
Walgreens | Absolute NNN with Strong Sales
316 W Aspen Ave, Fruita (Grand Junction MSa), CO 81521
Listing Price: $4,797,000
Cap Rate
7.40%
Tenant Name
Walgreens
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
14,406
Lease Type
Absolute Net
Rent Per Square Feet
$24.64
Investment Overview
Marcus & Millichap is pleased to present the Walgreens in Fruita, CO.
Walgreens | Absolute NNN with Strong Sales
Investment Highlights
- 8+ Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
- Strong Unit-Level Sales, Reported Sales in Excess of $3.1 Million
- Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 8,400+ Locations with $147.7 Billion in Revenue
- Strategic Location, Nearest Walgreens is Over 11 Miles Away and CVS is Over 9 Miles Away
- Serving 49,000+ Residents in Growing Suburb to Grand Junction
- Mesa County is One of the Fastest Growing Counties in Colorado
- Average Household Incomes Exceed $90,000 in 3 Miles and $96,000 in 5 Miles
- Down the Street from Family Health West Hospital and Medical Center and Family Health West Urgent Car
Broker of Record
Financing By
Drug Store
Walgreens | Absolute NNN with Strong Sales
Listing Price: $4,797,000
Cap Rate
7.40%
Tenant Name
Walgreens
Years Remaining On Lease
8.3
Guarantor
Corporate Guarantee
Rentable SF
14,406
Lease Type
Absolute Net
Rent Per Square Feet
$24.64
Investment Highlights
- 8+ Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
- Strong Unit-Level Sales, Reported Sales in Excess of $3.1 Million
- Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 8,400+ Locations with $147.7 Billion in Revenue
- Strategic Location, Nearest Walgreens is Over 11 Miles Away and CVS is Over 9 Miles Away
- Serving 49,000+ Residents in Growing Suburb to Grand Junction
- Mesa County is One of the Fastest Growing Counties in Colorado
- Average Household Incomes Exceed $90,000 in 3 Miles and $96,000 in 5 Miles
- Down the Street from Family Health West Hospital and Medical Center and Family Health West Urgent Car
Investment Overview
Marcus & Millichap is pleased to present the Walgreens in Fruita, CO.
Broker of Record
-
Adam Lewis
First Vice President/Regional Manager
Financing By
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