Drug Store
Walgreens
2095 E Kansas Ave, McPherson, KS 67460
Listing Price: $6,190,000
Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
12.1
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.81
Investment Overview
Walgreens is a household name, providing essential convenience. True NNN Lease with ZERO landlord responsibilities. 12+ years remaining on the base term. Site has a drive-thru.
Exclusively Listed By
Broker of Record
Financing By
Listing Price: $6,190,000
Cap Rate
5.25%
Tenant Name
Walgreens
Years Remaining On Lease
12.1
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.81
Investment Highlights
- Pandemic resistant, essential retailer
- Investment Grade Credit Tenant (BBB by S&P)
- Corporate Guaranteed Lease
- 9,560 +/- stores Nationwide
- 2021 sales increased by 8.6% nationwide
- Ranked #19 Fortune 500
Investment Overview
Walgreens is a household name, providing essential convenience. True NNN Lease with ZERO landlord responsibilities. 12+ years remaining on the base term. Site has a drive-thru.
Exclusively Listed By
Broker of Record
Financing By
