3920 10th St
Great Bend, KS 67530
Walgreens · Retail Property For Sale

PRICE REDUCED FOR FAST CLOSING! 10.3% CASHFLOW WITH ASSUMABLE LOAN: FOR SALE WALGREENS DRUG STORE NNN LEASE!! Marcus & Millichap is pleased to offer this newly-constructed Walgreen's in the city of Great Bend, Kansas. This investment opportunity offers the security of a 75 Year NNN Lease guaranteed by a Fortune 500 Company with a S & P BBB+ credit rating. No other competing drug store chain in the city of Great bend makes this an outstanding investment. The Walgreen's NNN lease commenced in September 28, 2003, expires September 30, 2078. Walgreen's is responsible for taxes, insurance, utility costs and all maintenance required for the property including roof, structure and parking lot. Walgreen's is the lease guarantor and remains solely responsible for the payments for the full 75 years of the primary lease term. Tenant has Right of First Refusal to purchase the property and Tenant has right to terminate lease after 2028 and every five-years thereafter with six months notice. The 14,587-square foot Walgreen's drug store, built in 2003 on 2.8 acres (121,968 SF), located at northeast corner of 10th Street and McKinley Street, in the county of Barton, Great Bend, Kansas. The major signalized intersection excellent visibility and daily vehicle counts of 50,835. The subject property was constructed to the tenant Walgreen's specifications at the highly convenient northeast corner of 10th Street and McKinley Street, and features a double lane drive-thru pharmacy window with a canopy and is open from 8:00 AM to 8:00 PM. With well known nearby retail businesses like Dillon’s, Sonic Drive-In, Burger King, Pizza Hut, Taco Bell, Wendy’s, McDonald’s, Long John Silver’s, Walmart Supercenter, and Holiday Inn Express & Suites a location highly popular for visitors and area residents.