Retail    

Walgreens

 Grants, NM

Price:

$5,073,921

Cape Rate:

6.25%

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Strong Commitment

15-Yr Sale-Leaseback

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ABS NNN Lease

5% Rental Increase

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Only Walgreens

Within 75 Mi

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Immediate Access

I-40 & Route 66

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long-Term Operating History & Commitment Through Sale-Leaseback
  • Rare, Absolute NNN Lease with Rental Escalations
  • Strong Performing Location w/ Drive-Thru
  • Large Lot Size
  • No Pharmacy Competition - Only Walgreens within 75 Mile Radius
  • Close Proximity to Walmart & Interstate 40/Route 66

Exclusively Listed By

Christian Tremblay

Vice President
  ctremblay@northmarq.com      +1 201.919.6148

BJ Feller

Sr. Vice President & Managing Director
  bfeller@northmarq.com   

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Blaise Bennett

Associate Vice President
  bbennett@northmarq.com   

Josh Dicker

Senior Associate
  jdicker@northmarq.com   

Ian Swindle

Analyst
  iswindle@northmarq.com   

In Association With
Cynthia Meister
NM #19245

Northmarq

191 N. Wacker, Suite 2000
Chicago, IL 60606


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