• Absolute Net Lease – zero landlord responsibilities
• 5% rent increases every 5 years
• Located along a busy retail thoroughfare (20,000 CPD) adjacent to Walmart Supercenter and The Home Depot
• Lancaster is 40 miles south of Charlotte
• 2 min drive to University of South Carolina’s Lancaster campus and Founders Federal Credit Union’s corporate headquarters
• Full Walgreens corporate guaranty

This is an excellent opportunity for an investor to acquire a freestanding NNN Walgreens in the Charlotte MSA, one of the fastest growing metro areas in the U.S. Walgreens has operated at this location since 2006, and signed a new 15-year lease extension in 2020 that features five percent rental increases throughout the primary term and in each of the 12, five-year option periods. The Property is situated at the hard, signalized corner of Highway 9 and Gillsbrook Rd within a busy retail thoroughfare featuring Walmart, Home Depot, Harbor Freight, Big Lots and more.

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