Walgreens NNN for Sale in Lebanon, KY — $3.2M | 11.75% Cap
- $3,191,634
Walgreens NNN for Sale in Lebanon, KY — $3.2M | 11.75% Cap
- $3,191,634
Details
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Price $3,191,634
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CAP Rate 11.75%
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Tenant Walgreens Pharmacy
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Years Left 3.2 years left
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NOI $375,017
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City Lebanon
Description
Walgreens NNN for Sale in Lebanon, KY — $3,191,634 | 11.75% Cap
This Walgreens triple net lease property in Lebanon, KY offers passive income investors BBB credit, 3.2-year lease through 2029, and $375,017 annual NOI at 11.75% cap rate with absolute NNN structure.
Retail | 11.75% CAP | 14,683 SqFt
Marketing description
We are pleased to market for sale the Walgreens property located at 512 W Main St, Lebanon, KY 40033 (“The Property”). Walgreens has been operating at the site for over 14 years and has ±3 years of firm term remaining before the 12 (5-year) option periods. Walgreens operates under an absolute
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