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Walgreens w/ 5% Increases | High Performer 1080 SW 1st Ave 14,820 SF Retail Building Canby, OR 97013 $6,358,780 CAD ($429.07 CAD/SF) 6.40% Cap Rate
Investment Highlights
- ABSOLUTE-NET LEASE (NO LANDLORD RESPONSIBILITIES): 13 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases.
- NEARBY MAJOR SCHOOLS: Walgreens Business Benefits from Being Close to Six Schools Totaling 3,400+ Students.
- STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
- STRATEGIC SIGNALIZED HARD CORNER LOCATION
- ADJACENT TO SAFEWAY ANCHORED SHOPPING CENTER
- STRONG PERFORMING LOCATION: High Sales Reported - Contact Broker for Details
Executive Summary
Term. Lease Features Rare 5% Rental Increases Every 5 Years.
» STRATEGIC SIGNALIZED HARD CORNER LOCATION: Walgreens is Located on Southwest 1st Avenue Overseeing
29,300+ VPD.
» NEARBY MAJOR SCHOOLS: Walgreens Business Benefits from Being Close to Six Schools Totaling 3,400+ Students.
» ADJACENT TO SAFEWAY ANCHORED SHOPPING CENTER: Across 1st Avenue from Walgreens, Resides a
Safeway Anchored Center with other National Tenants Such As: Ace Hardware, Dollar Tree, AT&T, and Starbucks.
Other Surrounding Tenants Include: Panda Express, AutoZone, KFC, Dutch Bros Coffee, to Name a Few.
» STRONG CORPORATE GUARANTY: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico,
and the U.S. Virgin Islands.
» STRONG DEMOGRAPHICS IN TRADE AREA: The 5-Mile Trade Area Supports Over 45,000+ Residents with
an Average Household Income Exceeding $107,000.
» STRONG PERFORMING LOCATION: High Sales Reported - Contact Broker for Details.
Property Facts
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 14,820 SF
- $27.46 CAD
- Triple Net
- Feb 2038
Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 14,820 SF | $27.46 CAD | Triple Net | Feb 2038 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 01732904 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $6,913,380 CAD |
Property Taxes
Presented by
Walgreens w/ 5% Increases | High Performer | 1080 SW 1st Ave
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