Essential Service Retailer
Anchored by Walgreens Boots Alliance
(NASDAQ: WBA), a Fortune 30 company with $147.7B
in revenue and 8,475+ global locations.
• Absolute Net Lease – Zero Landlord Responsibilities
Long-term NNN lease with Walgreens responsible for all operating expenses, taxes, insurance, roof, and
structure.
• Attractive Return Profile
Offered at a 7.25% CAP Rate with a base rent of $105,690 annually, providing stable, predictable cash flow.
• Built-in Rent Growth During Option Periods
Future escalations include 17.8% increase in the first option period, followed by 10% bumps in subsequent
options.
• Proven Operating History
This location has operated for decades and continues to serve a loyal customer base in the region.
• Large Parcel with Surface Parking
Situated on ±1.16 Acres with 50 parking spaces and a GLA of 11,440 SF, offering long-term redevelopment
flexibility.
• Established Community Location
Serving the rural and underserved population in Branchland, WV – a key strategic fit for Walgreens’ rural
health and pharmacy access initiative.
• Fee Simple Ownership
Clean title and 100% control of land and building.
• Sales Reporting + Percentage Rent
Lease includes recurring sales reporting and percentage rent kicker
(2% of gross sales + 0.5% on food sales).