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Drug Store

Walgreens - McPherson KS - NNN Lease

2095 E Kansas Ave, McPherson, KS 67460

Listing Price: $6,500,000

Cap Rate
5.00%
Tenant Name
Walgreens
Years Remaining On Lease
12.2
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 12+ years remaining on the base term.?

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

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s) KS: 00241410

    Kansas

Financing By

Drug Store

Walgreens - McPherson KS - NNN Lease

Listing Price: $6,500,000

Cap Rate
5.00%
Tenant Name
Walgreens
Years Remaining On Lease
12.2
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 12+ years remaining on the base term.?

Exclusively Listed By

Broker of Record

  • Colby Haugness

    First Vice President Investments

    (816) 410-1010

    License(s): KS: 00241410

    Kansas

Financing By

MM Texture Background
MM Textured Background Lower