Walgreens

13020 SOUTH US 27 Dewitt
$6,182,243 · 5.35% CAP · 20 Yr. Lease · Single Tenant Net Lease
Under Agreement

Location

13020 SOUTH US 27 Dewitt

PRICE: $6,182,243
CAP RATE: 5.35%
NET OPERATING INCOME: $330,750
SQUARE-FOOTAGE: 13,000
LOT SIZE: 0.95 AC
YEAR BUILT: 2017

The subject offering is a fee simple interest in a 100% absolute net leased Walgreens. This is a brand new 20 year NNN lease calling for zero landlord obligations. The tenant has eleven 5 year options to renew. The building is brand new construction. This location opened its doors in June 2017.

DeWitt is the name of a city and a township in Clinton County in the U.S. state of Michigan. The city is located north of Interstate 69, and west of US Highway 127, just north of Lansing. DeWitt was named after DeWitt Clinton, Governor of New York during the 1820s. It was first settled by Captain David Scott, who moved there from Ann Arbor in 1833, and platted the land.

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Presented By

Jacob Abusharkh

Managing Principal

415.269.2474
925.406.0813
BRE# 01385529

Jacob Abusharkh is the Managing Principal and co-founder of The Kase Group (TKG). TKG specializes in the sale of single and multi-tenant net leased retail and industrial assets across the country. Prior to going independent of SVN, TKG was one..

Kase Abusharkh

Founding Principal

925.348.1844
925.406.0813
BRE# 01311211

Kase Abusharkh, a native of San Francisco, CA, is a graduate of Sacred Heart Cathedral Preparatory in San Francisco, CA, and St. Mary's College of California. Mr. Abusharkh has 16 years experience in commercial real estate finance, acquisition, disposition and..