Single Tenant NNN Investment...
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Purchase Price: $4,460,000 | Cap Rate: 6.0% For more information, contact: Erin P. Torney, JD, MBA Vice President 314 584 6215 [email protected] Colliers International 101 South Hanley Road Suite 1400 St. Louis, MO 63105 314 863 4447 colliers.com/stlouis This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved. PROPERTY OVERVIEW Address 913 North Market Street Waterloo, IL 62298 Year Built 2008 Building Size 14,490 SF Remaining 13 years Term Single Tenant NNN Investment Opportunity 913 North Market Street | Waterloo, IL 62298 INVESTMENT HIGHLIGHTS Strong Real Estate Fundamentals • Located at a major intersection • Drive-thru enhances residual value for future use • Zero landlord responsibilities • Long-term lease Investment Grade Tenant • Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. • NYSE: WAG | S&P BBB | Moody’s Baa2 Established Location • Major retail corridor, located at entrance to city • Located among other national tenants • Close proximity to dense residential neighborhoods • History of strong store sales • Limited competition • County seat of Monroe County, IL • Numerous recognitions as safest city in Illinois DOWNLOAD Confidentiality Agreement
Transcript of Single Tenant NNN Investment...
Purchase Price: $4,460,000 | Cap Rate: 6.0%
For more information, contact:
Erin P. Torney, JD, MBAVice President314 584 [email protected]
Colliers International101 South Hanley RoadSuite 1400St. Louis, MO 63105314 863 4447colliers.com/stlouis
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2018. All rights reserved.
PROPERTY OVERVIEW
Address 913 North Market StreetWaterloo, IL 62298
Year Built 2008
Building Size 14,490 SF
Remaining 13 yearsTerm
Single Tenant NNN Investment Opportunity913 North Market Street | Waterloo, IL 62298
INVESTMENT HIGHLIGHTSStrong Real Estate Fundamentals• Located at a major intersection • Drive-thru enhances residual value for future use• Zero landlord responsibilities• Long-term lease
Investment Grade Tenant• Walgreen Co., a subsidiary of Walgreens Boots
Alliance, Inc.• NYSE: WAG | S&P BBB | Moody’s Baa2
Established Location• Major retail corridor, located at entrance to city• Located among other national tenants• Close proximity to dense residential
neighborhoods• History of strong store sales• Limited competition• County seat of Monroe County, IL• Numerous recognitions as safest city in Illinois
DOWNLOADConfidentiality Agreement
DEMOGRAPHICS
Population
Median Age
Average HH Income
Employees
Businesses
15,737
42.3
$98,972
5,325
619
5 miles3 miles
11,192
41.9
$94,967
4,783
540
1 mile
1,705
42.7
$97,854
1,637
159
Single Tenant NNN Investment Opportunity913 North Market Street | Waterloo, IL 62298
N MARKET ST
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