Overview
- Price:
- $ 10,850,000 25
- CAP Rate:
- 5.15%
- Years Guaranteed:
- 25
- NOI:
- $559,000
Investment Highlights
TALLAHASSEE, FL WALGREENS
- Fresh 25 Year NNN Lease
- Main & Main location (over 67,000 cars per day)
- Dense population; 100,000 people within 3 miles
- Four blocks north of Florida State Capitol
- Four blocks east of Florida State University
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit