Walgreens
Sunnyvale, CA
- Freestanding Walgreens
- Lease is 75 year NNN lease; 14,820 square feet with drive thru
- A rare 10% increase every 10 years
- Walgreens was ranked #1 among food & drugstores by Fortune Magazine Most Admired Corporations in America (2006)
- Strong neighboring tenants (Best Buy & PetSmart)
- Price $10,240,000 or a 5.5% CAP-$563,160 Annual Income, Year 11-$619,476 Annual or a 6.1% CAP