Walgreens Absolute NNN Lease 1080 SW 1st Ave 14,745 SF Retail Building Canby, OR 97013 $4,742,400 ($321.63/SF) 6.25% Cap Rate

The Snyder Carlton National Net Lease Team is pleased to offer investors the opportunity to acquire the absolute net leased Walgreens in Canby, OR. Walgreens is the second largest pharmacy chain in the U.S., has been in business over 125 years and serves over 9 million customers daily. This asset is subject to a long-term lease with over 11.5 years remaining in the primary period, twelve 5-year option periods, rent increases every 5 years and zero landlord responsibilities. The 14,745 SF building on 1.39-acre parcel is positioned on the hard corner signalized intersection of SW 1st Avenue (Pacific Highway E) and Berg Parkway which sees a combined traffic count exceeding 33,047 VPD and positioned within the Portland/Vancouver/Hillsboro MSA (population exceeding 2.54 million. Nearby Retailers Include Fred Meyer, Grocery Outlet, Cutsforth’s Market, 7-Eleven, Dollar Tree, Wells Fargo Bank, U.S. Bank, AutoZone, O’Reilly Auto Parts, McDonald’s, Chipotle, Starbucks, Dutch Bros, Taco Bell, Panda Express and more. Don’t miss out on the excellent opportunity to purchase this Walgreens in the Portland area on a long-term lease with no landlord responsibilities providing effortless cash flows for years to come.