Walgreens NNN for Sale in Metropolis, IL — $4.3M | 8.15% Cap
- $4,288,000
Walgreens NNN for Sale in Metropolis, IL — $4.3M | 8.15% Cap
- $4,288,000
Details
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Price $4,288,000
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CAP Rate 8.15%
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Tenant Walgreens Pharmacy
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Years Left 8.5 years left
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NOI $349,500
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City Metropolis
Description
Walgreens NNN for Sale in Metropolis, IL — $4,288,000 | 8.15% Cap
This Walgreens triple net lease property in Metropolis, IL offers passive income investors BBB credit, 8.5-year lease through 2034, and $349,500 annual NOI at 8.15% cap rate with absolute NNN structure.
Walgreens Pharmacy located at 110 W 10th St, Metropolis, IL 62960 (the “Property” or “Asset”). The Tenant operates under an abs. NNN lease with approximately 8.3 years of primary term remaining, as well as nine (9), five-year renewal options with zero landlord
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