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12+ Year NNN in Cincinnati MSA

1 S Viewpoint Drive, 41001, Alexandria, Kentucky,

$5679984

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Sold

12+ Year NNN in Cincinnati MSA

1 S Viewpoint Drive, 41001, Alexandria, Kentucky,

$5679984

6.25% Beds
12.3
$354,999

ALEXANDRIA, KY WALGREENS

  • Unique Kroger Co-Branding, One of Only 13 in Pilot Program – Driving Sales Up by 20% in Last Few Years
  • Absolute Net Lease – Zero Landlord Responsibilities
  • Strategic Location for Walgreens – Just 12 Miles From Downtown Cincinnati, OH
  • Strong Traffic Counts: 29,000 VPD
  • Shadow Anchored by a Walmart Supercenter
  • Full Walgreens Corporate Guaranty

This is one of only 13 Walgreens that served as a pilot program for a co-branding partnership with Kroger. These stores feature convenience and food items of which 30% were Kroger store brands. The partnership has produced tremendous results, as Walgreens store sales are up over 20% at this location since the launch. This store is well positioned immediately across the street from a Walmart Supercenter, on the high traffic intersection of Alexandria Pike and Viewpoint. With a full Guaranty from Walgreens Corporate, this store is ideal for a 1031 exchange