Not All Walgreens NNN Investments Are Created Equal
How to Find the best Walgreens 1031 NNN Real Estate For Sale
Finding a good selection of Walgreens 1031 NNN Real Estate for sale is not as easy as you might hope. Because there is no reliable central repository of commercial listings, the Walgreens 1031 NNN Real Estate for sale in the market are typically spread across a number of different resources, only some of which are freely available to the public.
Internet Listings of Walgreens 1031 NNN Real Estate for Sale
There are a few sites which present Walgreens 1031 NNN Real Estate for sale as well as other commercial real estate listings. The two best known, Loopnet and Costar Exchange, are a monopoly and charge an arm and leg to search their databases. Both allow just about anyone to post listings of Walgreens 1031 NNN Real Estate for sale, as well as other property types. The key problem with these sites is that many of the best Walgreens 1031 NNN Real Estate for sale never make it on to them.
Principal Listings of Walgreens 1031 NNN Real Estate for Sale
Many principals, whether they are owners or developers, list their own Walgreens 1031 NNN Real Estate for sale on their websites. CrestNetLease and Kimco Realty are two such ownership groups that do this, and Bencor Development is an example of a developer that posts its Walgreens 1031 NNN Real Estate for sale right online. Although direct principal to principal marketing can yield you access to inventory, it is a great deal of work to visit each of these sites. In addition, IF you do not have an expert guiding you, you may not know which of the Walgreens 1031 NNN Real Estate for sale that you see are good deals and which are not.
Hire A Professional Broker to Bring You Walgreens 1031 NNN Real Estate for Sale
The easiest way to find Walgreens 1031 NNN Real Estate for sale is also the best way. Instead of spending your time to scour the Internet to find just a small subset of the Walgreens 1031 NNN Real Estate for sale out there, hire a broker (for FREE) and let them do the work for you. Your broker should have not only a strong knowledge of all of the places to look for Walgreens 1031 NNN Real Estate for sale, but should also have insider access to listings that you may not be able to see. In addition, they should be able to guide you to not only good Walgreens 1031 NNN Real Estate for sale, but to the best Walgreens 1031 NNN Real Estate for sale for you and your specific needs. In addition, because most sellers will pay your broker’s commission, the service and guidance that he brings you should not even cost you anything.
Call Thomas Morgan, CCIM, a Walgreens NNN Broker, at 1-866-539-1777
Why are drug dealers the best tenants?
SOLD: $12M Walgreens Property
In August, TMO represented the buyer of a northern California NNN Walgreens property. The property sold for $12,184,846 and is leased on an absolute triple net basis to Walgreens (Ticker: WAG) on a 75 year lease with 24 firm years remaining. The buyer was a privately held real estate investment company from New York who was in a 1031 Exchange. The seller was represented by Capital Pacific. The low leverage transaction was financed by Lafayette Life Insurance Company which was placed by Ed Isola from Isola & Associates.
For further details about the cap rate and financing terms, please contact Thomas Morgan, CCIM via email or toll free at 1-866-539-1777.
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Contact Thomas Morgan, CCIM to find out more about the benefits of Walgreens Real Estate Investments.