561-227-8404
3425 Middle Rd, Bettendorf, IA for Sale
Drug Store - FOR SALE
1/4
null | Request Cap Rate

3425 Middle Rd
Bettendorf, IA 52722
Outer Davenport/Bettendorf


HIGHLIGHTS

  • ABSOLUTE NNN LEASE
  • INVESTMENT GRADE TENANT
  • STRATEGIC MEDICAL HUB
  • HARD CORNER LOCATION
  • ASSUMABLE DEBT 4.68% INTEREST

OVERVIEW

6 WALGREENS Portfolio with $17,672,313 of assumable debt at a very attractive interest rate of 4.68% Walgreens’ portfolio consists of properties secured with long-term NNN leases, ensuring stable and reliable income streams. Strategically located in thriving markets, these high-performing properties offer exceptional investment opportunities with intrinsic value. The portfolio also includes $17,672,313 of assumable debt at a very attractive interest rate of 4.68%, which is exceptionally rare in today’s market, providing a low barrier to entry for investors. TD Commercial Group is proud to present an exceptional portfolio of six prime Walgreen’s properties, each offering stable income streams and strategic locations with long-term ABSOLUTE NNN leases from a renowned Walgreen’s Boots Alliance. The property at 3425 Middle Road, Bettendorf, IA - Located in the bustling Quad Cities metropolitan area, with a large lot of 3.25 acres and significant reported sales, this high-traffic location is a prime investment opportunity. At 2503 5th Avenue S, Fort Dodge, IA - Situated in a vibrant commercial area with strong agricultural and industrial bases, this property benefits from significant consumer traffic and accessibility. The retail property at 3732 Nameoki, Granite City, IL (St. Louis) - Located near St. Louis, this property attracts a large customer base from both Granite City and the metropolitan area, ensuring consistent returns. 1251 4th Street, Mason City, IA - This well-located retail space in Northern Iowa is positioned in a high-traffic area, offering modern amenities and ample parking. Finally, 801 Independence, Virginia Beach, VA - Prime retail space in Virginia Beach benefits from high visibility and accessibility in a city known for its strong tourism industry and diverse economy.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.25 AC

LAND SF

141,570 SF

ZONING

C

APN/PARCEL ID

842203301

ASK ABOUT THIS PROPERTY

Josh SymonetteTD Commercial GroupMore Info
561-227-8404

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Josh SymonetteTD Commercial GroupMore Info
561-227-8404

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.