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Walgreens | Absolute NNN

$4,500,000

75 Market Street, Rockland, MA 02370

Active
Last Updated: 07/29/2025

10.16

Cap Rate

13,585 sqft

Building Size

Details:
Cap Rate:    10.16%
Building Size:    13,585 sqft
Lot Area:    2.9 acres
Lease Type:    Absolute Net
Price Per Sqft:    $331.25
Description:

PROPERTY & LEASE DETAILS
● Backed by a corporate guarantee, providing strong credit security for investors
● Absolute NNN lease structure with zero landlord responsibilities, offering true passive income
● Situated on an oversized ±2.9-acre parcel, providing long-term site flexibility and potential future redevelopment value

LOCATION HIGHLIGHTS
● Located in a high-income suburb, with an average household income exceeding $152,806 within a three-mile radius
● Densely populated area, with a population of over 48,535 residents within three miles
● Strategic location less than ±21 miles from downtown Boston, benefiting from access to major employment and economic centers
● Limited competition, with only two other pharmacies within a three-mile radius, supporting strong tenant performance

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery