Walgreens NNN for Sale in Parsons, KS — $3.4M | 12.0% Cap
- $3,406,717
Walgreens NNN for Sale in Parsons, KS — $3.4M | 12.0% Cap
- $3,406,717
Details
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Price $3,406,717
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CAP Rate 12.0%
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Tenant Walgreens Pharmacy
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Years Left 3.2 years left
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NOI $408,806
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City Parsons
Description
Walgreens NNN for Sale in Parsons, KS — $3,406,717 | 12.0% Cap
This Walgreens triple net lease property in Parsons, KS offers passive income investors BBB credit, 3.2-year lease through 2029, and $408,806 annual NOI at 12.0% cap rate with absolute NNN structure.
We are pleased to market for sale the Walgreens property located at 1528 Main St, Parsons, KS 67357 (“The Property”). Walgreens has been operating at the site for 20 years and has ±3 years of firm term remaining before the 12 (5-year) option periods. Walgreens operates on an absolute triple net lease, which provides for no landlord obligations what
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