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14+ Year NNN in Alaska: #2 Walgreens in the Entire State

$283,240 $ 14,162,000 14.3

5.1% CAP

725 E Northern Lights Blvd,
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Overview

  • Price:
  • $283,240 $ 14,162,000 14.3
  • CAP Rate:
  • 5.1%
  • Buyer's Broker Fee:
  • $283,240
  • Years Guaranteed:
  • 14.3
  • NOI:
  • $722,261

Investment Highlights

ANCHORAGE, AK WALGREENS

  • Very Strong Store: $3.6M in Reported Sales
  • Tax-Free State
  • 62,071 Cars Per Day at Intersection
  • Better Than Market 3.6% Rate on Interest Only Loan
  • 8 Years of Interest Only Cash Flow Remain
  • Walgreens Corporate Credit Guarantees the Rent
Documents
Address: 725 E Northern Lights Blvd
City:
State/County:
Zip: 99503
Country: United States
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