Walgreens 5.75% Cap
ONLY 16 MILES FROM DAYTON, POPULATION MSA 1.1
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Investment Highlights
- Walgreens Absolute Net Lease Through 2034
- Only 16 Miles From Downtown Dayton MSA Population 1.1Million
- 13 + Years Remaining
- 5.75 Cap Rate
- Procuring Fee $100,000
- Hard Corner on Major Thoroughfare
- Excellent Ingress & Egress with 3 Access Points
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Subject Offering consist of a 14,550 square foot Walgreens on approx. 1.61 acre parcel located at the corner of West Main Street and South Orange Street, which has an excess of approx.19,500 vehicles every day. West Main street is the major thoroughfare in the heart of Xenia. Walgreens is located in a dense area with 9,583 residents currently living within a one mile radius. Site has great visibility and three access point for easy egress and ingress. Walgreens lease is an absolute net no Landlord responsibilities with 16 years remaining. The area features many prominent national tenants, such as Walmart Supercenter, Kroger, Lowe’s, Kmart, Goodwill, Aldi, Dollar General, and Family Dollar. Other national retailers in the immediate area include Mono Muffler, Burger King, Subway, Tim Hortons, McDonald’s, Papa John’s, KFC, Ramada Inn, US Bank, Taco Bell, KeyBank and others.
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