Walgreens | Long Term Absolute NNN Lease | 5% Increases

Highlights:

• Long Term Absolute NNN Lease with no landlord maintenance responsibilities
• 5% Rent Increases every 5-years during the primary term and 12, 5-year option periods
• $124,095 Average Household Income within a 1-mile radius that increases to $154,848 within a 5-mile radius
• Excellent Visibility on Aurora Avenue N with average daily traffic counts of 32,091 VPD

Description:

Long Term Absolute NNN Lease with no landlord maintenance responsibilities

5% Rent Increases every 5-years during the primary term and 12, 5-year option periods

$124,095 Average Household Income within a 1-mile radius that increases to $154,848 within a 5-mile radius

Excellent Visibility on Aurora Avenue N with average daily traffic counts of 32,091 VPD

Seattle-Tacoma MSA Location - Expected to add 200,000 new residents through 2028

Strong, Growing Economy - Aerospace, e-commerce, software, artificial intelligence, and biomedical manufacturing are major forces driving the local economy



(1) Rentable Area, Lot Size, Guarantor, Lease Terms, Building Specifications, Year Built, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.

WA Broker of Record: Joel Deis

License: 25469

Documents: