info This space is no longer listed on Digsy

Available For Sale - Retail

15,000 SF

AVAILABILITY DETAILS

Size
15,000 SF
Price/SF
N/A - Contact for Info
Listing ID
SA381898
Notes
An opportunity to own a Prime location Walgreens with a long term operating history and a NNN lease. This location was acquired by Walgreens in 2012 as part of the USA Drug Pharmacy Chain (May's Drugs) acquisition. Walgreens is a wholly owned subsidiary of Walgreens Boots Alliance Inc., a publicaly traded company (NASDAQ:WBA) with investment grade credit rated by Standard & Poor's.

The current 20 year lease expires in 2024 and provides 4, five year options offering rent increases in each option.



At any time after Tenant has occupied the Premises for 20 years minimum, and upon written notice from Tenant, Landlord shall replace roof/HVAC units at its expense. Landlord's roofing or HVAC contractor may inspect to concur the need for replacement was not caused by tenant neglect. Tenant is obligated to maintain service contracts on HVAC and roof with minimum twice annual service. Failure to do so shall result in negating Landlord's responsibility.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Barbara Kreis, Barbara Kreis CRE