615 W Main St
Norman, OK 73069

HighCap Group is pleased to present this 15,120 square foot Walgreen's pharmacy located in Norman, Oklahoma. Main Street is a major corridor for retail also sits right off S Lahoma street in which encompasses tons of retail and shopping centers. This Walgreen's has operated at the location since 2002 and has shown commitment to the site. The lease features 40 years of options and is guaranteed by Walgreen Co., the nation's largest drugstore chain. INVESTMENT HIGHLIGHTS NN Lease Tenant Very Strong Sales Landlord is responsible for structure and roof Corporate guarantee from Walgreens Co. Property is in close proximity to University of Oklahoma, Norman High School and Norman School Administration Option to terminate at the end of the month: 240, 300, 360, 420, 540, 600, 660 *First expiration date March 2, 2022* Commenced lease on March, 2 2002 University of Oklahoma is 1.1 mile 5-minute drive. **Bonus Structure is 2% of non-food and non-prescription gross sales, plus 0.5% of food and prescriptions sales. Total bonus amount must exceed base rent in order to collect the additional difference between the total bonus amount and base rent amount in addition to base rent $27,583.33 Monthly paying average market rent $21.00 2/28/2062 LXP Next lease Termination is in 5 year given 6 months' advanced written notice Ideally Positioned Along the main Retail Corridor - Main Street Strong Demographics - Over 105,000+ within a 5-Mile Radius Above Average HH Incomes - $68,516 within a 5-Mile Radius PLEASE CONTACT ME GN@HIGHCAPGROUP.COM LIC#10401274936