Drug Store
Walgreens | Lafayette, IN
2800 Old U.S. 231, Lafayette, IN 47909
Listing Price: $3,556,757
Investment Overview
This corporately guaranteed Walgreens investment offers a stable, long-term opportunity with 7.5 years remaining on an absolute NNN lease, meaning no landlord responsibilities. The tenant has operated at this high-visibility, signalized intersection since 2008, benefiting from strong traffic counts and limited competition. It’s the only Walgreens within a 2-mile radius, with none for over 10 miles to the south and west. It offers a prime location near Purdue University and major employers like Subaru’s U.S. auto plant. The site is surrounded by dense residential communities and a growing population, making it a compelling choice for investors seeking reliable income and strong market fundamentals.
Walgreens | Lafayette, IN
Investment Highlights
- Absolute NNN Walgreens with 7.5 Years of Term Remaining | Corporate Guarantee
- Tenant has been Operating at this Location Since 2008
- Situated at a Signalized Intersection | Heavily Traveled Area
- Limited Competition | Only Walgreens Location within a 2-Mile Radius
- From 2010-2020, the Population Grew 5.26% and is Expected to Grow Another 4.31% by 2029 within a One-Mile Radius
Listing Price: $3,556,757
Investment Highlights
- Absolute NNN Walgreens with 7.5 Years of Term Remaining | Corporate Guarantee
- Tenant has been Operating at this Location Since 2008
- Situated at a Signalized Intersection | Heavily Traveled Area
- Limited Competition | Only Walgreens Location within a 2-Mile Radius
- From 2010-2020, the Population Grew 5.26% and is Expected to Grow Another 4.31% by 2029 within a One-Mile Radius
Investment Overview
This corporately guaranteed Walgreens investment offers a stable, long-term opportunity with 7.5 years remaining on an absolute NNN lease, meaning no landlord responsibilities. The tenant has operated at this high-visibility, signalized intersection since 2008, benefiting from strong traffic counts and limited competition. It’s the only Walgreens within a 2-mile radius, with none for over 10 miles to the south and west. It offers a prime location near Purdue University and major employers like Subaru’s U.S. auto plant. The site is surrounded by dense residential communities and a growing population, making it a compelling choice for investors seeking reliable income and strong market fundamentals.
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