The Net Lease Group is pleased to exclusively offer for sale a portfolio of zero cash flow Walgreens leasehold retail properties with in-place, fully amortizing, assumable, zero cash flow debt financing. The properties are located in Arizona, California and Texas.
Each property is 100% leased to Walgreens through a bondable triple net lease that is guaranteed by the Walgreen Company and provides that there will be no rent abatement or Landlord responsibilities whatsoever. The tenant is responsible for all costs to operate, maintain and repair the property including taxes, insurance, and assessments.
The three properties must be acquired as a portfolio. The properties are not for sale individually.