WAG #5987 - Willingboro, NJ

Investment Overview

This Walgreens has the rare combination of RENT BUMPS, ultra high traffic counts, affluent incomes ($100K+), high barriers to entry in the submarket, a dynamic trade area with national retailers abound and almost 200,000 residents in a 5 mile radius. This store is an ideal 1031 exchange target for a passive investor looking for a modern Walgreens with the combination of solid performance and real estate fundamentals.

Investment Highlights

• Rare 5% Rent Bumps Every 5 Years
• Early Extension at Market Rents
• Dynamic Trade Area
• Main & Main Location
• Excellent Proximity to Healthcare Hub Anchored by 249 Bed Hospital
• Ultra High Traffic Counts (37,000+ CPD)
• Rare Blend of High Density & High Incomes
• Full Corporate Walgreens Guaranty
• ~$880,000 in Rents Remaining in Primary Term