Walgreens | Retail Investment Opportunity

Highlights:

• Long-Term Operating History – Proven Tenant Commitment - Walgreens has operated at this location for over 23 years, underscoring the site’s strong performance and long-term viability within the retailer’s national portfolio.
• Corporate Guarantee by Investment-Grade Tenant - The lease is corporately guaranteed by Walgreens (NASDAQ: WBA), one of the nation’s largest and most creditworthy pharmacy chains, providing investors with reliable, stable income.
• Two Years Remaining on Absolute NNN Lease - The property offers two years of remaining term on an absolute triple-net (NNN) lease with no landlord responsibilities, offering 100% passive ownership and predictable cash flow.
• Hard Corner Location with Excellent Visibility and Traffic - Positioned on a hard corner along Mastin Lake Rd, the site benefits from approximately 19,300 vehicles per day (VPD) and direct access to North Memorial Parkway (US-231/431) — a major Huntsville thoroughfare.
• Major Infrastructure Improvements Underway - Significant transportation infrastructure work is underway at the intersection of Mastin Lake Rd and North Memorial Parkway, including a new overpass, service roads, and access enhancements, which will further improve visibility, accessibility, and long-term traffic flow to the site.
• Located in a Rapidly Growing Huntsville Market - Huntsville, AL, is one of the fastest-growing cities in the Southeast, fueled by expansion in aerospace, defense, and technology sectors. The surrounding trade area has experienced strong population growth, with continued increases in housing and household income supporting ongoing retail demand.

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