Overview

Description

The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in El Centro, California. The absolute NNN lease calls for zero landlord obligations and expires in November 2030. The subject benefits from its location within Downtown El Centro at the signalized intersection of Main St & N Imperial Ave with exposure to 30,483 vehicles per day from nearby roads. The asset is within close proximity of numerous schools, hotels and apartment complexes. The site neighbors several retailers which include Starbucks, Subway, Los Cabos Seafood & Grill, McDonald's, Daniel's Tire Service, Bank of America, ARCO & many more.

LOCATION DESCRIPTION
El Centro is a city and county seat of Imperial County, California, United States. El Centro is the largest city in the Imperial Valley, the east anchor of the Southern California Border Region, and the core urban area and principal city of the El Centro metropolitan area which encompasses all of Imperial County.

Highlights

• Absolute NNN Lease
• Zero landlord obligations
• Corporate guarantee - NASDAQ:WBA
• S&P rated BBB- investment grade credit
• $2,350,000 in reported sales
• 30,483 VPD from nearby roads
• Prime location within Downtown El Centro
• Neighboring tenants include Starbucks, Subway, Los Cabos Seafood & Grill, McDonald's, Daniel's Tire Service, Bank of America, ARCO & many more

Documents

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