Overview
- Price:
- $ 4,075,000 19+
- CAP Rate:
- 6.50%
- Years Guaranteed:
- 19+
- NOI:
- $264,891
Investment Highlights
SACRAMENTO, CA WALGREENS
- Leasehold interest is 100% depreciable
- 19+ years of guaranteed income
- Great hard corner in strong retail trade area
- Pure coupon clipper, no management
- Preferred 10 x 5 year option structure
- Important strategic location for WAG
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
Address: 250 Florin Road
City: Sacramento
State/County: California
Zip: 95831
Country: United States
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