Tenant: Walgreens | Dover, DE
Premises: 12,000 SF
Renewal Options: 4 x 5 Years
Lease Expiration: 10/31/2022
Lease Type: NN
Rental Increases: Fixed At Options
Sands Investment Group is Pleased to Exclusively Offer For Sale the 12,000 SF Walgreens Lease Investment Opportunity (NASDAQ: WBA) Located at 1215 S State Street in Dover, Delaware. This Investment Provides an Investor With a High Yield, Value-Add, Opportunity to Purchase a Short-Term Drug Store Lease With an Investment Grade Credit (S&P: BBB) and Corporate Guarantee. The Property is Located in Dover, Which is the Capital City of Delaware. This Investment is Surrounded By a Diverse Mix of Economic Drivers Such as the Bayhealth Medical Center, Kent County Courthouse, Dover International Speedway and the Dover International Airforce Base.
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