Inventory

Download Offering Memorandum: Walgreens Leasehold_KY

Property:         Walgreens Leasehold Interest

City:                  Henderson, KY

Price:                $2,076,690

Cap Rate:         10%

Base Rent:       $207,669

Lease Type:     NNN Leasehold Interest

Lease Term:    20 Years

Remaining:     4.5 Years

Increases:        10% in Every 5 Years

Options:           (8) 5 Year

Status:              Available

 

Investment Highlights:

Leasehold Interest – Absolute NNN – No Landlord Responsibilities

S&P BBB Investment Grade Tenant

Lease Guaranteed by Walgreens Corporate Entity

8 Five Year Renewal Options with Increases

Strong Location Along Major Retail Corridor