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Alliance Investment Real Estate Group is pleased to present an opportunity to purchase this single-tenant, Absolute NNN leased Walgreen's (Dark location - but Walgreens is still obligated to pay $342,000 a year until end of 2033) with a drive-thru pharmacy that was built in 2008. There is approx. 8 years left on the initial term of the lease (with 50 years of renewal options to extend) and over $2.5M of remaining rent to be paid to the landlord which is guaranteed by Walgreens Corporation (NYSE:WBA) making the guarantee one of the strongest in all Single Tenant Net Leases. Walgreens is ranked #27 on the Fortune 500 list as January 2025. Walgreens hasn’t missed a rent payment and the landlord is collecting $342,000 a year ($28,500 a month) in rent. Being a true NNN lease, Walgreens is responsible to take care of any and all maintenance and repairs needed, leaving the Landlord with ZERO RESPONSIBILITIES — ideal for an investor looking for an extremely passive and secure investment.
NO OFFERS WILL BE CONSIDERED OR ACCEPTED BEFORE CALLING US FIRST TO DISCUSS AT: 949-250-0400.
Agent/Broker of Record takes no responsibility for the accuracy of any of the information disclosed. All information is deemed to be reliable, however, buyer to verify all information & to conduct their own due diligence. Ohio Broker of Record: Dan Cooper, Broker License # BRKP.2009003618