Overview
- Price:
- $ 6,589,000 17+
- CAP Rate:
- 5.25%
- Years Guaranteed:
- 17+
- NOI:
- $345,910
Investment Highlights
WHEATON, IL WALGREENS
- 17+ Year NNN built just a few years ago
- Affluent community with average household incomes in excess of $100,000
- Corner anchored by national retailers including: Target, Kohl’s, Chase Bank, McDonald’s, Chipotle, Dunkin’ Donuts, etc.
- Unusually low rent and price point given the high quality of the dirt and location
- Walgreens corporate guarantees the rent
- Investment grade credit
- True NNN lease with no management responsibilities
Address: 2191 W Roosevelt Road
City: Wheaton
State/County: Illinois
Zip: 60187
Country: United States
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