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Providence, Rhode Island

$ 2,485,000 5+

7.25% CAP

354 Admiral Street ,
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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
State/County:
Zip: 02908
Country: United States
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John Giordani