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Walgreens

2095 E Kansas Ave, McPherson, KS 67460, USA

Price:
$4,333,333
CAP Rate:
7.50%
NOI:
$325,000
Net Rentable Area:
13,650 SF
Lot Size:
1.48 Acres
Year Built:
2009
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • PASSIVE SLEEP-AT-NIGHT OPPORTUNITY The NNN lease structure requires zero landlord obligations, tenant pays for all taxes, insurance, and maintenance directly

  • STABLE INVESTMENT GRADE TENANT Walgreens Boots Alliance is publicly traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&P

  • STRATEGICALLY LOCATED RETAIL CORNER Excellent visibility on the main thoroughfare, across the street from a Walmart Super Center

  • ESSENTIAL RETAILER Offering convenience and e-commerce resistance, including a drive-thru pharmacy

  • MINIMAL COMPETITION The ONLY NATIONAL DRUG STORE in McPherson, serving the regions 5-mile population of over 15,000 people, earning over $100k within 1-mile of the subject site

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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