INVESTMENT HIGHLIGHTS
• | Corporate guaranteed by Walgreen Co. (S&P: BBB) |
• | Over 10.5 years remaining on their initial term with 10 (5-year) options to extend |
• | Located at the signalized, hard corner intersection of Morganza Road and Cavasina Drive, averaging a combined 25,200 VPD |
• | Near on/off ramp access to Interstate 79 (52,700 VPD |
• | Ideally situated less than one mile south of Southpointe - an 827-acre multi-use park comprised of over 300 companies including 15 NYSE-listed firms, 4 million SF of office space, four hotels, restaurants, golf course and indoor ice rink |
• | Located a few miles from the Meadows Racetrack and Casino, which provides residents with a variety of entertainment options, year-round horse racing, dining, formal events, concerts, bowling and 12 hotels |
• | Above Average Sales |
• | Close proximity to apartment complexes 1400 Main (376 units) and Parkside Estates (227 units) |
• | More than 60,600 residents and 39,700 employees support the trade area |
• | Affluent $109,000 average household income |
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