Walgreens - Net Lease Property for Sale
Oklahoma City, OK
Key Investment Metrics
Price
$2,666,666
Cap Rate
8.3%
Net Operating Income
$220,000
Building Size
13386 SF
Lot Size
13,386 SF
Land Area
1.72 Acres
Remaining Term
4.4 years
Lease Expiration
11/30/2030
Lease Term
35.0 years
Lease Commencement
11/18/1995
Lease Type
NN+
Year Built
1995
Tenancy
Single
About This Walgreens Net Lease Property
This Walgreens NNN (triple net lease) property is located in Oklahoma City, OK and represents an excellent investment opportunity for commercial real estate investors. The property features 13386 square feet of building space and was built in 1995.
With a cap rate of 8.3%, this Walgreens net lease property offers stable income potential. The asking price is $2,666,666, making it an attractive option for 1031 exchange investors seeking quality Walgreens commercial properties.
Why Invest in Walgreens NNN Properties?
- Stable Income: Walgreens net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Walgreens is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Oklahoma City, OK Market Overview
Located in Oklahoma City, OK, this Walgreens property benefits from strong local demographics and market fundamentals. The Oklahoma City area offers excellent visibility and accessibility, making it an ideal location for Walgreens operations and a solid investment for net lease property buyers.