Walgreens Absolute NNN Property

Walgreens | Richmond, IN

Sands Investment Group is Pleased to Exclusively Offer For Sale the Fee Simple Interest, Corporate Guaranteed Walgreens Absolute NNN Property Located at 3700 National Road East in Richmond, Indiana. Walgreens Has Just Under 9-Years Remaining on the Lease With Ten (10) Five (5) Year Options to Extend. The Drive-Thru Equipped Pharmacy is Located on the Signalized Intersection of National Road East and 37th Street With a Traffic Count of 24,023 VPD. Walgreens is an Out Parcel to Richmond Village Shopping Center That is Anchored By Dick’s Sporting Goods, and Kohl’s and Adjacent to Chipotle, Aspen Dental and Starbucks. This Long Term, Management Free Opportunity, Provides For an Ideal Investment For a Passive Investor.

  • Absolute Triple Net Lease (NNN) – No Landlord Responsibilities
  • 8+ Years Remaining on the Lease With Ten (10) Five (5) Year Options to Extend
  • Long-Term Operating History – Walgreens Has Occupied the Site For Over 17- Years, Showing Commitment to the Site
  • Walgreens Boasts an Investment Grade Credit Rating (S&P:BBB)
  • Corporate Guaranteed Lease – Walgreens is the Largest Drugstore Chain in the United States With More Than 8,200 Locations in All 50 States, the District of Columbia, Puerto Rico and Guam
  • Signalized Hard Corner Location – 24,023 Vehicles Per Day
  • The Site is an Outparcel to Richmond Village Shopping Center, Anchored By Dick’s Sporting Goods, Best Buy and Kohl’s
  • National Road/Route 40, Often Called the Main Street of America, Stretches More Than 700-Miles Across Maryland, Pennsylvania, Ohio, West Virginia, Illinois and Indiana
  • Nearby Richmond Mall – a 266,826 SF Regional Enclosed Shopping Mall With Tenants Such as Dillards, Dunham’s Sports, Maurices, Finish Line, Bath & Body Works, American Eagle and Hibbett Sports
  • Located in a Strong Retail Corridor With a Mix of Local and National Retailers Including: Walmart Supercenter, T.J. Maxx, Joann’s, Kroger, Starbucks, Chipotle, Aspen Dental, Menards, Hobby Lobby, Planet Fitness, Big Lots, Aldi, Tractor Supply, Texas Roadhouse, Olive Garden, Chili’s and AMC Theaters
  • Just 4-Miles From Earlhman College, a Private Liberal Arts College Ranked Among the Top National Liberal Arts Institutions in the Country With More Than 730 Students Enrolled

In Cooperation With Sands Investment Group Indiana, LLC – Lic. #RC52000211 BoR: Andrew Ackerman – Lic. IN #RB20001918

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