Walgreens

6016 South 1550 East, South Ogden, UT
Deal Type:
Net Lease
Price:
$7,500,000
Cap Rate:
5.03%
Current Rent:
$377250
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 14.5 years
Renewal Options:
1x50 years
Building Sq. Ft.:
14,467 SF
Site Size:
1.59 acres

Investment Highlights

  • Absolute NNN lease – zero landlord responsibilities
  • Long term security – over 14 years remaining on the initial lease term
  • Strong demographics – over 132,000 people in a 5-mile radius and average household incomes over $99k
  • Market Share – the only national drug store in the immediate trade area
  • Excellent visibility off Highway 89

Listing Agents

Breanna Rusk

Vice President
714 722 4110
Breanna@stream-cp.com

Dean Copans

Managing Director
650 465 3993
Dean@stream-cp.com

Jordan Shtulman

Managing Principal
847 885 2495
Jordan@stream-cp.com

Broker of Record: Joseph Cooley, Lic. #5493616-AB00

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