5798 McClellan Hwy., Branchland, WV 25506 - Walgreens | Absolute NNN | 7.25% CAP

CAP Rate: 7.25%
Current Annual Rent: $105,690
Gross Leasable Area: 11,440 SF
Price/SF(GLA): $142
Year Built/Renovated: 1948
Lot Size: +/- 1.16 acres
Parking: 50 surface spaces

Property Highlights: 

• Essential Service Retailer
  Anchored by Walgreens Boots Alliance (NASDAQ: WBA), a Fortune 30 company with $147.7B in revenue and 8,475+ global locations

• Absolute Net Lease – Zero Landlord Obligations
  Long-term NNN lease with Walgreens responsible for all operating expenses, taxes, insurance, roof, and structure

• Attractive Return Profile
  Offered at a 7.25% CAP Rate with a base rent of $105,690 annually, providing stable, predictable cash flow
  
  
• Built-in Rent Growth During Option Periods
  Future escalations include 17.8% increase in the first option period, followed by 10% bumps in subsequent options
  
  
• Proven Operating History 
  This location has operated for decades and continues to serve a loyal customer base in the region
  
  
• Large Parcel with Surface Parking
  Situated on ±1.16 Acres with 50 parking spaces and a GLA of 11,440 SF, offering long-term redevelopment flexibility
  
  
• Established Community Location
  Serving the rural and underserved population in Branchland, WV – a key strategic fit for Walgreens’ rural health and pharmacy access initiative
  
  
• Fee Simple Ownership
  Clean title and 100% control of land and building
  
  
• Sales Reporting + Percentage Rent
  Lease includes recurring sales reporting and percentage rent kicker (2% of gross sales + 0.5% on food sales)