The Kase Group is pleased to present the opportunity to purchase a well
established Walgreens location in Hemet, California with a New 15 Year
Absolute NNN Lease. The lease calls for zero landlord obligations and is
corporately guaranteed by Walgreens. The recently extended lease calls for
5% increases every 5 years and twelve, 5 year options for renewal. This
Walgreens includes a drive through and is situated on a hard corner at the
Signalized Intersection of New Chicago Ave and Florida Ave. The asset has
excellent visibility with exposure to 15,000+ vehicles per day. This Walgreens
is within walking distance of Lincoln View Condominiums which consists of
166 units and Abundant Grace Senior Living Retirement Home. The location
is adjacent to Stater Bros. Markets and neighboring retailers include Jack in
the Box, Carls Jr, 7-Eleven, Dollar Tree & more.