2-Property Walgreens Portfolio

Highlights:

• LONG-TERM ABSOLUTE NNN LEASE
• WELL-ESTABLISHED RETAIL PHARMACY
• WALGREENS - AMERICA’S #1 RETAIL PHARMACY
• FARGO-MOORHEAD MSA | CENTRALLY LOCATED ALONG MAIN AVE

Description:

Walgreens Portfolio consists of two-locations: Thibodaux, LA and Moorhead, MN. Please view OM for further details.

MOTIVATED SELLER. CONTACT AGENT TO DISCUSS PRICING & DELIVERABILITY.

LONG-TERM ABSOLUTE NNN LEASE
The subject retail pharmacy operates under a long-term, corporate, absolute NNN lease with no landlord maintenance or management responsibilities whatsoever.

WELL-ESTABLISHED RETAIL PHARMACY
The subject property is a well-established Walgreens retail pharmacy store with over 18 years of operational history at this location.

WALGREENS - AMERICA’S #1 RETAIL PHARMACY
Walgreen Boots Alliance (Nasdaq: WBA) is an integrated healthcare, pharmacy and retail leader serving millions of customers and patients every day. The company operates more than 12,500 locations across the U.S., Europe, and Latin America. The subject property lease is guaranteed by Walgreen Co., which carries a “BBB-” rating from Standard & Poors and “Ba1” from Moody’s.

FARGO-MOORHEAD MSA | CENTRALLY LOCATED ALONG MAIN AVE
The subject property is centrally located in Downtown Moorhead along Main Avenue with strong daily traffic counts of 10,625 VPD. The well-established retail pharmacy is surrounded by regional and national tenants including Ace Hardware, Scheels, KFC, Taco Bell, Hornbacher’s Supermarket and national tenants situated in the immediate trade area include Target, Walmart Supercenter, Tractor Supply, Menard’s and more.

SURROUNDED BY HIGHER-LEARNING INSTITUTIONS
The city of Moorhead and the larger Fargo-Moorhead MSA is home a number of higher-learning institutions, including Minnesota State University Moorhead (6,700 students annually), Condordia College (2,300+ students annually), Minnesota State Community and Technical College (3,600+ students annually), and North Dakota State University (14,500+ students annually).

(1) Walgreen Co., the Guarantor under the Lease, has been rated “BBB-” from S&P and carries a rating of “Ba1” from Moody’s. Buyer is responsible for verifying during the Due Diligence. Sources: www.standardandpoors.com, www.moodys.com www.walgreensbootsalliance.com, Yahoo Finance.

MN Broker of Record: Jon Ruzicka
License: 40583288

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