Overview
- Price:
- $ 6,273,000 20
- CAP Rate:
- 5.00%
- Years Guaranteed:
- 20
- NOI:
- $313,650
Investment Highlights
STRATFORD, CT WALGREENS
- Walgreens just committed for an additional 20 years, after already operating at this location for the past 20 years
- True hard corner with drive-thru
- 35,922 cars per day at intersection
- Dense population with 23,000 people in 1 mile
- Preferred five-year option structure
- Walgreens corporate guarantee (NYSE:WAG)
- True NNN lease with zero management responsibilities
Address: 1606 Barnum Ave.
City: Stratford
State/County: Connecticut
Zip: 06614
Country: United States
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