Overview
- Price:
- $ 13,055,000 25
- CAP Rate:
- 5.40%
- Years Guaranteed:
- 25
- NOI:
- $705,000
Investment Highlights
ALEXANDRIA, VA WALGREENS
- Fresh 25 Year NNN Lease
- Just six miles south of downtown DC
- Affluent demographic; Avg HH Income $125,751
- Dense population; 28,000 people within 1 mile
- Located in historic Del Ray District
- Rare option structure (every 5 years past 25)
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
- True NNN lease with zero management responsibilities
Address: 1509 Mt. Vernon Ave.
City: Alexandria
State/County: Virginia
Zip: 22301
Country: United States
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