Walgreens Absolute NNN Lease | 403 S Main St
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Walgreens Absolute NNN Lease 403 S Main St
14,820 SF Retail Building Bryan, OH 43506 $4,046,243 ($273/SF) 8.65% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Corporate Guarantee - NASDAQ:WBA
- Neighboring Various Restaurants and Businesses in the Area
- Zero Landlord Obligations
- Prime Location within Downtown Bryan - 10,987 VPD
Executive Summary
The Kase Group is pleased to present the opportunity to purchase a well
established Walgreens location in Bryan, Ohio. The lease calls for zero
landlord obligations and corporately guaranteed by Walgreens. Beyond the
initial term, tenant has fifty (50) years of options with 12 month cancellation
rights. This Walgreens benefits from its position within Downtown Bryan
along South Main Steet with exposure to 10,987 vehicles per day and
neighboring various restaurants and businesses.
In Association with ParaSell, Inc. | A Licensed
Ohio Broker #REC.2020005946
established Walgreens location in Bryan, Ohio. The lease calls for zero
landlord obligations and corporately guaranteed by Walgreens. Beyond the
initial term, tenant has fifty (50) years of options with 12 month cancellation
rights. This Walgreens benefits from its position within Downtown Bryan
along South Main Steet with exposure to 10,987 vehicles per day and
neighboring various restaurants and businesses.
In Association with ParaSell, Inc. | A Licensed
Ohio Broker #REC.2020005946
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
$4,046,243
Price Per SF
$273
Cap Rate
8.65%
NOI
$350,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
1.80 AC
Opportunity Zone
Yes
Parking
54 Spaces (3.64 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Walk Score ®
Very Walkable (82)
-
Power Broker Jacob Abusharkh -
Power Broker Jeff Bracco -
The Kase Group
1 of 15
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Walgreens Absolute NNN Lease | 403 S Main St
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