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INVESTMENT HIGHLIGHTS
Absolute NNN Lease - No Landlord Responsibilities - This lease features zero landlord responsibilities, creating a passive armchair investment for a cashflow-driven investor. NNN leases are especially attractive for those seeking management-free investment opportunities.
Top 20% Visits Nationwide - This site ranks within the top 20% of store visits for all Walgreens nationwide, according to data from Placer.AI.
Corporate Guarantee -The lease is guaranteed by Walgreens corporate, creating security of rental payments.
Long-Term Lease with Built-in Rental Increases - Walgreens has over 6 years of firm term left on the lease and options to extend until 2084 with built-in rental increases.
20-Year+ Operating History - Walgreens has operated at this location since 2004 and it has proven to be a successful location for the company.
Highly Affluent Premier Market - The property is located just outside of Philadelphia and boasts an average house hold income of over $130,000 within 3 miles of the subject property.
