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Case Study:

Walgreens

Tuscon, AZ

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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

Sale Specifics

  • 14,490 SF STNL Walgreens
  • 25-Year Absolute NNN Lease; 13+ Years Remaining
  • 2002 Construction