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Walgreens w/ Rental Increases 20100 W Mcloughlin Blvd 14,840 SF Retail Building Gladstone, OR 97027 $7,525,643 CAD ($507.12 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Absolute Net Lease (No Landlord Responsibilities): 14 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5
- Near Major Hospital: 1.5 Miles from Walgreens Resides Providence Willamette Falls Medical Center A 101 Medical Bed Facility, the Largest Hospital in t
- Strong Demographics: The 5-Mile Trade Area Supports Over 181,400+ Residents with an Average Household Income Exceeding $113,241.
- Signalized Hard Corner Location: Walgreens is Located at McLoughlin Blvd & West Arlington Street Overseeing 41,600+ Vehicles Per Day. McLoughlin Blvd
- Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.
- 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&
Executive Summary
Features Rare 5% Rental Increases Every 5 Years.
» Signalized Hard Corner Location: Walgreens is Located at McLoughlin Blvd & West Arlington Street Overseeing
41,600+ Vehicles Per Day. McLoughlin Blvd is the Most Traveled Thoroughfare in Gladstone and Connects to Portland.
» Near Major Hospital: 1.5 Miles from Walgreens Resides Providence Willamette Falls Medical Center A 101 Medical Bed
Facility, the Largest Hospital in the Region.
» Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S.
Virgin Islands.
» Strong Demographics: The 5-Mile Trade Area Supports Over 181,400+ Residents with an Average Household Income
Exceeding $113,241.
» 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
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 14,840 SF
- $31.66 CAD
- Triple Net
- Feb 2039
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 | 14,840 SF | $31.66 CAD | Triple Net | Feb 2039 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 05022819 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $7,770,782 CAD |
Property Taxes
Presented by
Walgreens w/ Rental Increases | 20100 W Mcloughlin Blvd
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