Historical Retail Sale Listing - Walgreens

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Walgreens

2646 Darlington Road, Beaver Falls, PA 15010

N/A

14,490 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
14,490 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Construction Status:
Under
Construction/Proposed
Cap Rate:
6.25%
Tenancy:
Single
Lot Size:
1.83 AC
Listing ID
15322000
Last Updated
over 1 year ago

Description

Freestanding 14,490 square foot building under construction with an estimated completion date of May, 2008. Situated on approximately 1.83 acres at Highway 51 and Darlington Road, Beaver Falls, Pennsylvania. Property to be delivered free and clear of permanent financing. A 6.25% cap rate.

Lease Details: A 25 year long term absolute NNN lease to Walgreens (May 2008 - May 2033) Net Annual Income: $395,000. Right of first refusal to Walgreens. After 25 year term, 10 - 5 year options.

The property is located at the intersection of Highway 51 and Darlington. RoadNearby retailers include Home Depot, Kmart, and Walmart.

Map of 2646 Darlington Road, Beaver Falls, PA 15010 (Beaver County)

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