Overview
- Price:
- $ 5,475,000
Investment Highlights
BOSTON METRO WALGREENS
- Excellent trade area featuring Walmart, Lowes, Sears, Dick’s Sporting Goods and other national retailers
- Dense population with ~100,000 people in 3 miles
- Solid urban site with 20,000 vehicles per day
- Free-standing building with drive-thru
- Preferred five-year option structure
- Low annual rent compared to other Walgreens deals
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
- Standard NN lease with minimal landlord responsibilities