Structured sale through two escrows with simultaneous closing of land and building and obtained the lowest cap rate for a single-tenant drug store in the Inland Empire at time of sale.
The Hanley Investment Group Advantage
- Procured All-Cash Southern California Based Private Investor
- Structured Sale through Two Escrows with Simultaneous Closing of Land and Building
- Sale of Land from Private Investor; Sale of Building from Walgreens
- Lowest Cap Rate for a Single-Tenant Drug Store in the Inland Empire at Time of Sale
Sale Specifics
- 13,678 Square Foot Freestanding Walgreens with Drive-Thru
- Brand New 2011 Construction
- 25-Year NNN Lease; 10% Increases Every 10 Years