Investment Highlights

• ✅ BBB Investment-Grade Credit — Walgreens maintains strong credit providing institutional quality and 70-75% LTV financing.
• ✅ 8.1-Year Lease Security — Lease through 2034 provides long-term cash flow with minimal landlord duties.
• ✅ $285,000 Annual NOI (8.15% Cap) — Property delivers $23,750 monthly mailbox money creating truly passive income.
• ✅ Fort Madison, IA Market — Iowa agriculture creates Midwest stability.
• ✅ Walgreens Brand Strength — Proven recession-resistant business model with long-term real estate commitment.

Property Details

Why Walgreens NNN Properties?

Walgreens triple net properties offer institutional-quality real estate with proven fundamentals including strong BBB credit rating providing major lender support at 70-75% LTV, absolute NNN lease structure creating true passive mailbox money, recession-resistant business model proven through economic cycles, and purpose-built locations with long-term value retention.

Fort Madison, IA Market Analysis

Iowa agriculture creates Midwest stability. The Fort Madison market provides strong demographics, accessible retail corridors, and consumer demand supporting long-term Walgreens performance and NNN lease stability.

Absolute NNN Lease Structure

This property features absolute triple net lease where tenant pays all property taxes, insurance, maintenance, repairs, and utilities. Investor responsibility limited to mortgage payment (if financed) and collecting rent checks — truly passive income.

1031 Exchange Benefits

This Walgreens NNN property qualifies as like-kind replacement for 1031 exchange investors seeking to defer capital gains tax, simplify from active to passive real estate, eliminate landlord responsibilities, preserve wealth through institutional quality, and generate predictable income through 8.1-year lease term.

Financing Available

Walgreens’s BBB credit provides excellent financing options including 70-75% LTV from major banks, competitive interest rates, 25-30 year amortization, and non-recourse options for qualified borrowers.

Contact American Net Lease

We represent buyers only — your interests come first. Specializing in Walgreens NNN acquisitions nationwide.

📞 Call: 239.236.2626

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