Eastern US

Price: $ 4,444,329
CAP Rate: 7.00%
NOI: $ 311,130
Lease Term Remaining Before Options: 11 Years 7 Months
Investment Highlights
  • New 15-year lease signed, including 5% rent increases during 8 (5-year) option periods.
  • Placer.Ai ranks this location #1 out of 5 Walgreens stores within a 10-mile radius.
  • Located in a dense retail corridor with 4.7 million square feet of retail space within two miles.
  • Benefits from a regional military presence of ±82,000 active-duty personnel from 15 installations, including ±23,000 employees at Joint Base Langley-Eustis.
Offering Summary
Price: $ 4,444,329
CAP Rate: 7.00%
NOI: $ 311,130
Lease Term Remaining Before Options: 11 Years 7 Months