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Walgreens NNN for Sale in Ruston, LA — $4.2M | 9.5% Cap
  • $4,194,211

Details

  • Price $4,194,211
  • CAP Rate 9.5%
  • Tenant Walgreens Pharmacy
  • Years Left 7.1 years left
  • NOI $398,450
  • City Ruston

Description

Walgreens NNN for Sale in Ruston, LA — $4,194,211 | 9.5% Cap

This Walgreens triple net lease property in Ruston, LA offers passive income investors BBB credit, 7.1-year lease through 2033, and $398,450 annual NOI at 9.5% cap rate with absolute NNN structure.

9.50% Cap | 7+ Years | 14,550 SqFt

Investment highlights

● List price of $4,194,211 yielding a 9.50% cap rate

● Over 7.25 Years Remaining on the primary lease term including fifty, one-year options to extend.

● Absolute NNN Lease – With zero landlord responsibilities, providing investors with a management free investment.

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