2095 Kansas Ave, Mcpherson, KS 67460
13,577 SF | Retail Building | Mcpherson, KS 67460 | $4,333,333 ($319/SF) | 7.50% Cap Rate
For Sale
Active
Asking Price $4,333,333
- Property Type
-
Retail
- Square Feet
- 13,577 SF
- Price / Square Foot
- $319
Listing Contacts
- Property Info
Property Overview
Available individually or as a portfolio, ask about our other Walgreens locations.
This passive investment opportunity offers a qualified buyer a long term, absolute tripe net (NNN) lease, backed by an investment grade tenant. Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries.
This passive investment opportunity offers a qualified buyer a long term, absolute tripe net (NNN) lease, backed by an investment grade tenant. Walgreens, one of the nation’s largest drugstore chains, is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc. (NASDAQ: WBA), the first global pharmacy-led, health and wellbeing enterprise. Walgreens Boots Alliance has over 21,000 stores in 11 countries as well as one of the largest global pharmaceutical wholesale and distribution networks, with over 425 distribution centers delivering to more than 250,000 pharmacies, doctors, health centers and hospitals each year in more than 20 countries.
Property Details
- Class
- B
- Year Built
- 2009
- Stories
- 1
- Property Subtype
- Drug Store
- Lot Size (sq. ft)
- 67,082 SF
Highlights
- The absolute NNN lease structure requires zero landlord obligations, tenant pays for all taxes, insurance, and maintenance directly
- STABLE INVESTMENT GRADE TENANT Walgreens Boots Alliance is publicly traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&P
- STRATEGICALLY LOCATED RETAIL CORNER Excellent visibility on the main thoroughfare, across the street from a Walmart Super Center
- ESSENTIAL RETAILER Offering convenience and e-commerce resistance, including a drive-thru pharmacy
- The ONLY NATIONAL DRUG STORE in McPherson, serving the region's 5-mile population of over 15,000 people, earning over $100k within 1-mile
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