Overview
- Price:
- $ 2,485,000 5+
- CAP Rate:
- 7.25%
- Years Guaranteed:
- 5+
- NOI:
- $180,115
Investment Highlights
PROVIDENCE, RI WALGREENS
- Proven performing Walgreens in option periods
- Dense, urban infill location with 31,366 residents within one mile of the store
- 5+ years firm term remain on lease
- Walgreens corporate guarantee
- Investment grade credit
- NN lease with minimal landlord responsibilities
- Preferred options structure (every 5 years)
Address: 354 Admiral Street
City: Providence
State/County: Rhode Island
Zip: 02908
Country: United States
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