Back

Case Study:

Walgreens

Riverside, CA

View Map

We successfully assisted the buyer with obtaining financing in a short time period to satisfy their 1031 exchange requirement and get a record low cap rate for a single tenant Walgreens in Riverside County priced over $10,000,000.

The Hanley Investment Group Advantage

  • Sold at 97% of List Price
  • Successfully Assisted Buyer with Obtaining 3rd Party Financing in Short Time Period to Satisfy their 1031 Exchange Requirement
  • Record Low Cap Rate for a Single Tenant Walgreens in Riverside County Priced Over $10,000,000

Sale Specifics

  • 14,991 SF Walgreens
  • 25-Year Absolute NNN Lease; 21 Years Remaining
  • 24-Hour Location with Drive-Thru