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Case Study:

Walgreens

Long Beach, CA

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We procured a record low cap rate for a single tenant Walgreens with a short term NN lease.

The Hanley Investment Group Advantage

  • Sold $100,000 Above List Price
  • All-Cash, 1031 Exchange Buyer
  • Negotiated and Extended Escrow to Meet Seller’s 1031 Exchange Objectives
  • Record Low Cap Rate for a Short Term NN Lease

Sale Specifics

  • 15,200 SF Single Tenant Walgreens
  • 24-Hour Store with Drive-Thru