The Net Lease Group is pleased to announce the closing of a zero cash flow Walgreens portfolio. The portfolio consisted of the leasehold interest in three Walgreen’s retail properties, one hundred percent (100%) leased to Walgreen’s Company through a bondable triple net lease with zero free cash flow during the initial term.
- Sold at Full Asking Price
- 1031 Exchange Buyer/Family Trust
- Properties 100% Leased to the Walgreen’s Company
Zero Cash Flow, Leasehold Properties
The seller was represented by NLG’s Philip Wickstrom, Managing Principal.
For information on current properties The Net Lease Group is marketing for sale, please visit our properties page via our website.