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WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 NET LEASE INVESTMENT OFFERING

WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 [email protected] Jimmy Goodman Partner 847.562.8500 [email protected]

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Page 1: WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

WALGREENS1240 W Main StreetBridgeport, West Virginia 26330

NET LEASE INVESTMENT OFFERING

Page 2: WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

PROPERTY OVERVIEW:

PROPERTY OVERVIEW

NET LEASE INVESTMENT OFFERING

Price: $5,875,000

Cap Rate: 6.40%

Rent Schedule: NOI Escalation Date$376,000$390,500 February 1, 2036 (Option 1)$406,450 February 1, 2046 (Option 2)$423,875 February 1, 2056 (Option 3)$443,295 February 1, 2066 (Option 4)$464,620 February 1, 2076 (Option 5)

Renewal Options: Five 10-Year

Lease Commencement Date: January 10, 2011

Lease Expiration Date: January 31, 2036

Tenant: Walgreens

Standard & Poor’s Rating: BBB (Investment Grade)

Year Built: 2011

Lease Type: Absolute NNN

Building Size: 13,292 SF

Land Size: 0.87 AC

Page 3: WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

NET LEASE INVESTMENT OFFERING

PHOTOGRAPHS

Page 4: WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

NET LEASE INVESTMENT OFFERING

AERIAL

Page 5: WALGREENS 1240 W Main Street Bridgeport, West Virginia 26330 · Randy Blankstein President 847.562.0003 randy@bouldergroup.com Jimmy Goodman Partner 847.562.8500 jimmy@bouldergroup.com

Randy [email protected]

Jimmy [email protected]

3520 Lake Avenue, Suite 203Wilmette, IL 60091

www.bouldergroup.com