Walgreens

Fayetteville is a thriving community of 95,230 residents (2021 Census estimate). As the second largest city in Arkansas, Fayetteville provides all of the resources and culture of a large city while maintaining a quality of life that remains true to its unique heritage. Fayetteville is the county seat of Washington County, Arkansas. Fayetteville has boutique shopping, a diverse culinary scene, historic neighborhoods, exciting nightlife, live music and fine arts, a nationally-recognized public library, sporting events, community theater and thousands of acres of park land for a wide range of play, including fishing and free concerts. In addition, Fayetteville's location in the beautiful Ozark Mountains – including our lakes, rivers, hiking and biking trails – provides wonderful scenic adventures for people who enjoy the outdoors. With a thriving local economy, educated workforce and loyal customer base, the number of jobs within Fayetteville is consistently on the rise. Fayetteville is home to the flagship campus of the University of Arkansas, which has established itself as one of the top public research and academic institutions in the nation. Fayetteville Public Schools are Arkansas's leaders in both academics and athletics.The Kase Group is pleased to present the opportunity to purchase a well established Walgreens location in Fayetteville, Arkansas with a new 15 year absolute NNN Lease. The lease calls for zero landlord obligations and is corporately guaranteed by Walgreens. The recently extended lease calls for 5% increases every 5 years and twelve, 5-year renewal options. This Walgreens includes a drive through and is situated on a hard corner. The asset benefits from its location along a major commercial thoroughfare with exposure to over 20,000+ vehicles per day along E Mission Blvd. Neighboring retailers include Walgreens, Wendy's McDonald's, Domino's Pizza, Subway, Dairy Queen and more.