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Walgreens 84 E Main St 11,180 SF Retail Building Fort Kent, ME 04743 $3,622,412 CAD ($324.01 CAD/SF) 7.35% Cap Rate
INVESTMENT HIGHLIGHTS
- The offering is a single-tenant Walgreens store located in Fort Kent, ME, which is a historic U.S. – Canada border town
- This location reports $7MM+ in store sales, which equates to a very healthy rent-to-sales ratio
- Walgreens is currently paying a low base rent of $190,697, and an investor benefits from a 10% rent bump at the start of the next option
EXECUTIVE SUMMARY
This listing can be purchased as a portfolio along with the Walgreens located in Auburn, Maine. For portfolio pricing, click here: https://cppcre.com/properties/walgreens-portfolio-maine
PROPERTY FACTS
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
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Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
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Walgreens | 84 E Main St
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