For Sale

Walgreens | Anderson, IN

Asking Price: $5,000,000 | Cap Rate: 6%

  • Net Operating Income: $300,000
  • Weighted Avg. Lease Term (WALT): 6.1 Years
  • Lease Type: Absolute Net

Property Highlights

  • Leased to Walgreens on an absolute net lease; zero landlord responsibilities
  • Corporate guarantee; Investment grade tenant (S&P: BBB)
  • Highly visible site featuring pylon signage, surface parking lot, and drive-thru lane
  • Placed in high traffic corridor of Anderson with high traffic counts along Scatterfield Rd., which sees approximately 24,886 VPD