Walgreens for Sale in Fairborn, OH
Fairborn, OH
Key Investment Metrics
Price
$2,995,000
Cap Rate
11.5%
Net Operating Income
$344,499
Building Size
14490 SF
Land Area
1.86 Acres
Remaining Term
1.1 years
Lease Expiration
08/31/2027
Lease Term
25.0 years
Lease Commencement
09/01/2002
Lease Type
Absolute NNN
Tenant Credit
Corporate Guarantee
Year Built
2000
Occupancy
100%
Tenancy
Single
Property overview
Walgreens in Fairborn
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 14,490 SF
- Land area
- 1.86 acres
- Year built
- 2000
- Lease type
- Absolute NNN
- Lease expiration
- 08/31/2027
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.