Walgreens
Jacksonville, AL
$ 4,200,000
5.85 CAP
- New 15 year lease with 5% rental increases every 5 years in the initial term and in the options.
- 15+ year operating history.
- Recent third-party reports will be provided to buyer.
- Absolute net lease with zero landlord responsibilities.
- Walgreens LabCorp site , one of only 600 locations nationwide.
- Adjacent to Jacksonville State University's 459 acre campus with ±9,633 students and ±534 staff.
- Jacksonville population has almost doubled since 2000 due to continued growth and development of JSU.
- Located on Highway 21, the main thoroughfare to Jacksonville State University (VPD 30,000).