Midwest US

Price: $ 4,500,477
CAP Rate: 9.00%
NOI: $ 405,043
Lease Term Remaining Before Options: 9 Years 8 Months
Investment Highlights
  • Walgreens has exceptional annual reported sales and a 15+ years of operating history.
  • No immediate national drugstore chain competition with the next closest national chain drugstore being a CVS 91 miles west and the closest Walgreens is 98 miles east.
  • District 177, a $75 Million redevelopment project located across the street including 96 apartments and ±480K SF of street-level retail space.
  • Great Plains Health Hospital is located 1 mile southwest with 116 beds, 1,100 employees and 183K patients per month.
  • Sustainable Beef's $325 Million facility is located 2.5 miles southeast and opened May 2025 with 560K SF and the addition of 850 new jobs.
  • Dense retail corridor with 1.6 million square feet of retail space in a 1-mile radius.
  • Near Union Pacific's Bailey Yard, the largest railroad yard in the world with 14K rail cars per day.
Offering Summary
Price: $ 4,500,477
CAP Rate: 9.00%
NOI: $ 405,043
Lease Term Remaining Before Options: 9 Years 8 Months