Overview
- Price:
- $ 7,780,000 25
- Years Guaranteed:
- 25
Investment Highlights
WASHINGTON DC METRO WALGREENS
- New construction 25 Year NNN Lease
- Washington DC Metro; 49 miles south
- Affluent demographic; Avg HH Income $118,250
- 45,000 people within 3 miles
- 30,000 cars per day at intersection
- Under construction for delivery February 2014
- Rare option structure (every 5 years past 25)
- Walgreens corporate guarantee (NYSE:WAG)
- Investment grade credit
- True NNN lease with zero management responsibilities
