Walgreens | Maxton, NC
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,804 SF Walgreens Absolute NNN Asset Located at 106 W Dr Martin Luther King Jr Drive in Maxton, North Carolina. This Deal Includes Approximately 4 Years Remaining on an Absolute Triple Net Lease With 5% Increases in Each Option Period. This Property Provides a New Owner With an Opportunity to Purchase an Essential Business With an Investment Grade Tenant (S&P: BBB) and Corporate Guarantee.
- Absolute Triple Net (NNN) Lease – Allowing For a True Passive Investment and Zero Landlord Responsibilities
- Multiple 5 Year Options to Extend With Fixed Increases of 5%, Providing Landlord Leverage Upon Renewal
- Strong Guarantor – Walgreen Co. a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Reported Total Revenues in Excess of $139 Billion in the 2020 Fiscal Year
- Complete Walgreens Conversion Which Shows Commitment to the Site
- Full-Service Location With Drive-Thru; The Store Offers Curbside Pickup and Delivery
- Investment Grade Tenant (S&P: BBB) With Corporate Guarantee
- Zero National Competition Within 8-Miles of the Store
- Signalized Access, on a Hard Corner Location With Excellent Visibility on Dr Martin Luther King Jr Drive Which Sees Over 6,830 VPD
- Nearby Tenants Include: Dollar General, Hardee’s, Piggly Wiggly, Family Dollar and NAPA Auto Parts
In Cooperation With Sands Investment Group North Carolina, LLC – Lic. #29362 | BoR: Amar Goli – Lic. # 310575
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