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Walgreens – Indianapolis, IN

Summary
  • Listing Price: $2,440,000
  • Rentable Sq Ft: 13,379 SF
  • Lot Size: 49,005 SF (1.13 Acres)
  • Approx Year Built: 1994
Investment Highlights
  • Investment Grade Credit Tenant (S&P: BBB & Moody’s Baa 2)
  • Attractive Cash on Cash at Current Interest Rates
  •  5+ Years Remaining on the Lease
  • Minimal Landlord Responsibilities – Only Roof & Structure
  • Brand New Roof
  • Long Term Seasoned Tenant
  • Signalized Hard Corner Infill Location
  • 187,000+ People within 5 Miles
  • High Barriers to Entry
  • Strong Traffic Counts: 38,000 Cars/Day
  • Average Household Income: $92,000+ (3 Miles)
  • Less Than 1 Mile from Community North Hospital