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
