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Walgreens
Phoenix, Arizona, Phoenix, AZ 85051
N/A
14,490 SF
Retail
Free Standing Bldg
Investment
6.50%
100%
Single
2004
1.15 AC
-
Last Verified 3/29/2004
Listing ID 13791284
Highlights
Absolute NNN Lease- 25 Year Initial Term w/ 10, 5 year renewal options
- Nation's Largest Drug Store Chain
- 2004 Construction
- Estimated Completion June 2004
Description
The property is leased to Walgreens. The lease is an Absolute Triple Net (NNN) lease with no landlord responsibilities. The initial term is 25 year with 10, 5 year renewal options. The lease is scheduled to commence in June 2004.
The property is located in Phoenix, Arizona.
Map of Phoenix, Arizona, Phoenix, AZ 85051
Created 10/16/2003
Additional Information for 2435 S 47th Street, Phoenix, AZ 85034
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The information above has
been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified
it and make no guarantee, warranty or representation about it. It is your responsibility to independently
confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are
for example only and do not represent the current or future performance of the property. The value of
this transaction to you depends on tax and other factors which should be evaluated by your tax, financial,
and legal advisors. You and your advisors should conduct a careful, independent investigation of the
property to determine to your satisfaction the suitability of the property for your needs. TB-P