Retail    

Walgreens

 Sylacauga, AL

Price:

$3,724,800

Cape Rate:

6.25%

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Long-Term Commitment

15-Yr Sale-Leaseback

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Solid Unit-Level Sales

Operated Since 2007

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ABS NNN Lease

5% Rental Increase

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Close to Medical Facility

87K+ Annual Patients

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long-Term Commitment Through Sale-Leaseback
  • Rare, Absolute NNN Lease with Rental Escalations
  • Long Operating History with Solid Unit-Level Sales
  • Proximity to Coosa Valley Medical Center
  • Established Retail Corridor of Sylacauga
  • Significantly Below Average Walgreens Rent PSF
  • Birmingham MSA Acquisition Opportunity

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
Ryan Butler
AL #000101183

Northmarq

191 N. Wacker, Suite 2000
Chicago, IL 60606


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