Small Format Walgreens Investment Offering

Qualified investors are extended the opportunity to acquire a 100% fee simple interest (land & building ownership) in an absolute NNN, corporate signed, investment grade (S&P:Baa3), drive-thru “Cooper” format Walgreens located in Jackson, KY. Walgreen Co. recently signed a brand new 10-year lease with 4 (5-year) options. The lease features a 5% rental increase in years 6-10 with 7.5% increases at the beginning of each option. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities.

The subject property is in central Breathitt County, in Jackson, which is the county seat. The property is located at the corner of Main Street and KY Highway 15, a significant thoroughfare running through the state of Kentucky. The site benefits from being at the highest trafficked intersection in the market with direct access to the main thoroughfare and secondary access to Main Street, providing ease and convenience for customers.