Small Format Walgreens Investment Offering - Edmonton, KY

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 Edmonton, 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 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 centrally located in Metcalfe County’s county seat, Edmonton, KY. The property has frontage on US-68, within Edmonton’s main retail corridor. The site benefits from it’s position along Cumberland Parkway and close proximity to both Louisville, KY (2 hours) and Nashville, TN (3.5 hours).