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Browse More Listings in Retail For Sale, Elkton, MD or Maryland

Retail Property - Off Market

Walgreens 15% TIC*

301 E Pulaski Hwy, Elkton, MD 21921

Price:
N/A
Building Size:
14,706 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Additional Sub-types:
Street Retail
Property Use Type:
Net Lease Investment with 10+ years left on lease
Cap Rate:
7.25%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.18 AC

Last Verified 7/22/2009 Listing ID 16287311

Description

Please open the attachments below for complete information.

Walgreens real estate ownership, an annuity type long term investment.
" This is a Fractional 10%* fee simple ownership offering.
" Investment available to fit investor' s $ requirements.
" 7.25% Absolute net return for at least 24 years, payable monthly.
" Plus tax benefits of real estate ownership, and possible appreciation.
" Secured by ownership of Walgreens leased real estate.
" Return is absolute net, no mortgages or balloon payments to contend with.
" Guaranteed by a fee simple fractional ownership of new leased Walgreens store.
" Investment amounts tailored fit requirements. Purchase one or more interests available.
" New Construction 75 Year NNN Lease.
" Zero Landlord Responsibilities.
" Walgreens (NYSE:WAG) corporate guarantee.
" Current available investments for 10%* ownership: *can be increased (subject to availablility).

" Great value at 7.25% CAP for mature market with solid demographics.

" Walgreens is the nation's largest drugstore chain, with fiscal sales of $59 Billion in 2008. The end of 2008 also marked the company's 34th consecutive year of record sales and earnings. Walgreens was named to Fortune magazine's Most Admired Companies in America for the 15th consecutive year, and is ranked 40th on the Fortune 500 list of the largest US Based Companies.

** For more information click on attachments below.

Map of 301 E Pulaski Hwy, Elkton, MD 21921 (Cecil County)

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Created 6/20/2009

Additional Information for 301 E Pulaski Highway, Elkton, MD 21921

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 4 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 301 E Pulaski Hwy, Elkton, MD 21921

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Nearby Retail properties for leaseSearch all commercial real estate for lease

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Nearby Recently Sold Retail propertiesSearch all recently sold commercial real estate

Free Standing Bldg
Sold 2Q 2005
Street Retail
Sold 1Q 2008
Free Standing Bldg
Sold 2Q 2007
Restaurant
Sold 3Q 2007
Free Standing Bldg
Sold 4Q 2005

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.

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Retail Property For Sale - Walgreens 15% TIC*

301 E Pulaski Hwy, Elkton, MD, 21921