We procured a record cap rate for a Single-Tenant Walgreens with less than 14 years remaining on the lease.
The Hanley Investment Group Advantage
- Closed Escrow at List Price
- Procured All Cash, 1031 Exchange Buyer based in Southern California
- Record Low Cap Rate for a Walgreens with Less Than 14 Years Remaining
- 14,490 SF STNL Walgreens
- 25-Year Absolute NNN Lease; 13+ Years Remaining
- 2002 Construction