Drug Store

Walgreen's

E McMurray Rd, McMurray, PA 15317

Listing Price: $9,836,364

Cap Rate
5.50%
Tenant Name
Walgreens
Years Remaining On Lease
64.9
Gross SF
14,640
Guarantor
Corporate Guarantee
Rentable SF
14,640
Price/Gross SF
$671.88
Lease Type
Absolute Net
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, 75-Year Absolute Triple Net (NNN) Lease
  • Corporate Location, Corporate Guarantee
  • Rental Increases Every Five Years Beginning in Year 26

Broker of Record

  • Sean Beuche

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

Listing Price: $9,836,364

Cap Rate
5.50%
Tenant Name
Walgreens
Years Remaining On Lease
64.9
Gross SF
14,640
Guarantor
Corporate Guarantee
Rentable SF
14,640
Price/Gross SF
$671.88
Lease Type
Absolute Net
Rent Per Square Feet
$36.95

Investment Highlights

  • Long-Term, 75-Year Absolute Triple Net (NNN) Lease
  • Corporate Location, Corporate Guarantee
  • 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

    Regional Manager

    License(s): PA: RM424190

    Pennsylvania

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