WAG #11396 - Charlotte, NC

Investment Overview

This Lease features an absolute net structure, with zero landlord responsibilities. Over 9 years remains on the primary term, backed by a full Walgreens corporate guaranty. Charlotte is the largest metro area in the Carolinas and remains one of the fastest growing major cities in America. It's also won numerous awards for quality of life, job opportunities and tech growth. The combination of real estate intrinsics, a passive, no hassle Lease structure and Charlotte metro location make this an ideal asset for acquisition, whether for a 1031 exchange or simply as a coupon clipper.

Investment Highlights

• Charlotte Is One Of The Hottest Cities In America
• Core Net-Leased Assets Are Tough To Come By In The Carolinas
• High Traffic, High Visibility Intersection
• Full Walgreens Guaranty
• 9 Years Remain On Primary Term
• Over $3.6mm In Rents Remain In Primary Term
• Sugar Creek Is The Main East West Arterial For This Area
• Major Migration To Charlotte - Estimates Have 150+ People A Day Moving To
• Charlotte