115 North 20th Avenue Cornelius, OR 97113

Listing agency The Kase Group j***@thekasegroup.com Show Phone

Listed by Jeff Bracco · License #CA 01336201

Source Crexi

Added: Apr 10 Updated: Jul 22 at 1:09AM Checked: Jul 22 at 1:09AM

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Investment Insights

Based on property information with market context.

The offering is a fee simple interest in an absolute NNN leased Walgreens. The lease is structured with zero landlord obligations, and more than 14 years remain on the initial term. The tenant also has ten 5-year renewal options.

The property is located on a major commercial thoroughfare and is surrounded by national retailers, including Walmart Supercenter, Burger King, FedEx Office, and Sonic Drive-In.

This is presented as an investment-grade, corporate-guaranteed Walgreens lease offering.

Key Highlights

• Fee simple interest in an absolute NNN leased Walgreens
• Over 14 years remaining on the initial lease term
• Lease structure calls for zero landlord obligations (absolute NNN)

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FAQs

What type of property is this?

NNN property - Fee simple interest in an absolute NNN Walgreens with zero landlord obligations and extended remaining initial lease term.

Where is this nnn property located?

The property is located at 115 North 20th Avenue Cornelius, OR.

What are key features of this property?

This property features: Fee simple interest in an absolute NNN leased Walgreens; Over 14 years remaining on the initial lease term; Lease structure calls for zero landlord obligations (absolute NNN)