Overview
- Price:
- $100,000 $ 6,970,000 13.8
- CAP Rate:
- 5.40%
- Buyer's Broker Fee:
- $100,000
- Years Guaranteed:
- 13.8
- NOI:
- $376,288
Investment Highlights
SACRAMENTO, CA WALGREENS
- 13+ Years Remaining
- Absolute Net – No Landlord Responsibilities
- Dense, Urban Infill Location – ~17,000 Reside in 1 Mile Radius
- Strategic Location for Walgreens
- Full Walgreens Guaranty
This is an extremely rare opportunity for an investor to acquire a freestanding, long-term NNN Walgreens in California. The Sacramento MSA is experiencing tremendous growth, as folks flee the Bay Area due to COVID, high cost of living etc. and remains poised for tremendous long term growth. California drugstores with term are hard to come by. This property is an ideal 1031 exchange, with the full rents guaranteed by Walgreens Corporate.
Documents
Address: 840 El Camino Ave
City: Sacramento
State/County: California
Zip: 95815
Country: United States
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