4415 Douglas Ave
Des Moines, IA 50310
Walgreens New 15 Year Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Year Absolute NNN Lease with Rental Increases Every 5 Years
- Zero Landlord Obligations
- S&P Rated BBB- Investment Grade Credit
- $5.2MM In Reported Sales
- Corporate Guarantee - NASDAQ:WBA
- Fantastic Visibility with Exposure to 10,000+ VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
17,900 SF
Building Class
B
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
2.28 AC
Zoning
C-2
Parking
129 Spaces (7.21 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 100-07377001000 | Improvements Assessment | $1,450,000 |
| Land Assessment | $1,260,000 | Total Assessment | $2,710,000 |
