Absolute Net leased (NNN) Walgreens for Sale Listing Details & Market Data

Portland is the largest city in the U.S. state of Maine and the seat of Cumberland County. Portland's population was 68,408 in April 2020. The Greater Portland metropolitan area is home to over half a million people, the 104th-largest metropolitan area in the United States. Portland's economy relies mostly on the service sector and tourism. In a five mile radius current median household income is $73,449, compared to $72,414 for all U.S. households. Median household income is projected to be $87,018 in five years, compared to $84,445 for all U.S. households.This Absolute Net leased (NNN) Walgreens with 11 years left of its initial 25 year term is an ideal investment, with zero landlord responsibilities. Tenant is responsible for taxes, insurance, and all repairs and maintenance at the property. The lease is guaranteed by Walgreens North east Co a Wholly owned Subsidiary of Walgreens Boots Alliance. Walgreens operates 9,000+ Locations and boasts an S&P investment grade credit rating of BBB. The site features a dedicated drive-thru, which adds a meaningful level of convenience to the customer experience and drives sales.