We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant absolute NNN lease investment that is fully leased to Walgreen Co. with 13 years remaining on the original term and 10 - 5 year options. Comprising of 14,820 square feet, the building is situated on a large 1.93 acre corner lot and is located on the major North/South corridor of Anderson, SC. Benefiting from excellent visibility this corporate backed Walgreens location provides investors strong yield and secure long term stable cash flow. Walgreens (NASDAQ: WBA) is rated “BBB” by S&P’s and is the second-largest pharmacy store chain in the United States. It operates over 8,100 stores in all 50 states as well as Puerto Rico, District of Columbia and U.S. Virgin Islands. Founded over 117 years ago WBA now boasts sales of $118 Billion with a net income of over $4 Billion. This is a rare opportunity to purchase the second-largest pharmacy store chain in the U.S. (true investment grade tenant - “BBB” by S&P’s), with over 13 years remaining on the original term, providing long term dependable income and attractive yield, with zero landlord responsibilities.
Parcel Number | 125-10-03-029 | Improvements Assessment | $216,950 |
Land Assessment | $55,470 | Total Assessment | $272,420 |
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