Tenant: Walgreens | Gaffney, SC Premises: 13,818 SF Renewal Options: 4 x 5 Years
Lease Expiration: 05/29/2023 Lease Type: Absolute NNN Rental Increases: 2% Every 5 Years
Absolute Triple Net (NNN) Single Tenant Lease With No Landlord Responsibilities
Rite Aid Store that Has Been Officially Acquired by Walgreens
~6 Years Remaining on the Lease
4 x 5 Year Options After Initial Term
Located on the Main Retail Corridor of Gaffney, Within 1-Mile of Interstate 85
Located on a Hard, Signalized Corner, Which Has Average Daily Traffic Counts of Over 23,000
Highly Visible and Uniquely Offers a Drive-Thru With an Additional Drop-Off Window
Strong Demographics With a Growing Population
Surrounding Tenants Include Pizza Hut, Dunkin’ Donuts, Advance Auto Parts, KFC, Walmart, Dominos Pizza, Cookout and Lowe’s Home Improvement
In Cooperation with Sands Investment Group Charleston, LLC – Lic# 20891
Walgreens Boots Alliance (Nasdaq: WBA) is the first global pharmacy-led, health and wellbeing enterprise. The company was created through the combination of Walgreens and Alliance Boots in December 2014, bringing together two leading companies with iconic brands, complementary geographic footprints, shared values and a heritage of trusted health care services through pharmaceutical wholesaling and community pharmacy care, dating back more than 100 years.
Walgreens Boots Alliance is the largest retail pharmacy, health and daily living destination in the USA and Europe and, together with its equity method investments, employs more than 385,000 people and has a presence in more than 25 countries. Walgreens Boots Alliance is a global leader in pharmacy-led, health and wellbeing retail with over 13,200 stores in 11 countries. The company includes one of the largest global pharmaceutical wholesale and distribution networks with over 390 distribution centers delivering to more than 230,000 pharmacies, doctors, health centers and hospitals each year in 20 countries. In addition, Walgreens Boots Alliance is one of the world's largest purchasers of prescription drugs and many other health and wellbeing products.