Property Description
- 9.4 Years Remaining on a Corporate Guaranteed Double-Net (NN) Lease Walgreens is considered S&P investment grade (NASDAQ: WBA) and ranked #17 in Fortune 500 (June 2019). The Double Net Lease provides for minimal landlord responsibilities.
- Significant Population Growth Population Grew 12.13% from 2010 to 2019. Projected Growth from 2019 to 2024 is an additional 6.21%..
- Unit Level Economics The base rent per Square Foot is below market providing an investor with additional stability knowing Walgreen’s local economics have a positive outlook long-term.