HIGHLIGHTS
- Stabilized Investment Opportunity; Leased to Walgreens with a corporate guarantee featuring zero landlord responsibilities with 7.5 years remaining
- Easily Accessible Site; 3 points of Ingress/Egress from Main, Frost, and Nashua Streets and providing excellent visibility
- Rare Double Drive-Thru; Property features double drive-thru lanes, enhancing store and pharmacy performance
- Less than a mile from The Miriam Hospital, a 247 licensed bed, teaching hospital with more than 800 physicians ranking first in the state
- Strong Demographics; Asset is located within a middle-class area with over 222,843 residents and an average hh income of $96,300 within 3 miles
- Neighboring Retail Tenants; Surrounded by tenants such as; Walmart, Home Depot, Stop & Shop, LA Fitness, Dollar Tree, Pep Boys, Dunkin’, and more
FOR SALE DETAILS
PRICE
$7,750,000 USD
PRICE/SF
$546 USD /SF
CAP RATE
7%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
58
LAND DETAILS
LAND ACRES
1.16 AC
LAND SF
50,530 SF
ZONING
C1
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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312-269-0220
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Please correct the highlighted field(s).
312-269-0220
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