Strong Unit level performance - Double the national average |
The lease is fee simple absolute NNN with no landlord responsibilities |
Walgreens (S&P: BBB-) 13 year primary lease term with rent increases of five percent (5%) every five years |
Strong local demographics with population in excess of 74,000 and average household income is $82,730 within a 5 mile radius |
Drive-Thru Pharmacy: This serves as a convenience for customers picking up prescription medication |
Walgreens is ranked #27 on the Fortune 500 list for total Revenue (2024) |