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Walgreens NNN for Sale in Palos Heights, IL — $4.2M | 9.25% Cap
  • $4,162,118

Details

  • Price $4,162,118
  • CAP Rate 9.25%
  • Tenant Walgreens Pharmacy
  • Years Left 4.9 years left
  • NOI $384,996
  • City Palos Heights

Description

Walgreens NNN for Sale in Palos Heights, IL — $4,162,118 | 9.25% Cap

This Walgreens triple net lease property in Palos Heights, IL offers passive income investors BBB credit, 4.9-year lease through 2030, and $384,996 annual NOI at 9.25% cap rate with absolute NNN structure.

Absolute NNN Lease | High Performing Location | Located along Retail Corridor | Strong Demos

Marketing description

This is the opportunity to purchase a Walgreens property located in Palos Heights, Illinois. The asset is secured by a 25-year Absolute NNN Lease with zero landlord responsibilities, corporately guaranteed by Walgreens. The lease comme

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