Walgreens 7.54% Cap | Single Tenant Investment | SOLD
Coldwell Banker Commercial Orion is pleased to offer for sale this single tenant investment property. The subject is located in the northern area of Rogers, just north of the intersection of I-94 and State Highway 101. Over the past couple decades, the Rogers area has experienced rapid growth. As the developing ring becomes more fully developed, individuals and businesses seeking cheaper land will continue moving to the outlying areas. Rogers has the location, access and vacant land to capture its share of this growth. The city is expected to remain prosperous and growing for the foreseeable future.
- 7.54% CAP
- 75 Year Lease
- NOI $290,151
- 15 Day Right of First Refusal
- National Tenant
- 9.2 Years Remaining before tenant option to terminate