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Walgreens w/ Rental Increases 20100 W Mcloughlin Blvd
14,840 SF Retail Building Gladstone, OR 97027 $5,681,000 ($383/SF) 6% Cap Rate
Investment Highlights
- Absolute Net Lease (No Landlord Responsibilities): 14 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5
- Near Major Hospital: 1.5 Miles from Walgreens Resides Providence Willamette Falls Medical Center A 101 Medical Bed Facility, the Largest Hospital in t
- Strong Demographics: The 5-Mile Trade Area Supports Over 181,400+ Residents with an Average Household Income Exceeding $113,241.
- Signalized Hard Corner Location: Walgreens is Located at McLoughlin Blvd & West Arlington Street Overseeing 41,600+ Vehicles Per Day. McLoughlin Blvd
- Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
- Stable Investment Grade Tenant: Walgreens Boots Alliance is Publicly Traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&
Executive Summary
Property Facts
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
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99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 05022819 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $5,455,691 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
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Walgreens w/ Rental Increases | 20100 W Mcloughlin Blvd
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