Kissimmee, Florida – Today we have information on a top net lease property tenant, Walgreen’s. We would like to report of an in-state limited liability company that has acquired a Triple Net Lease Property. This Net Lease Investment has Walgreens as the Tenant and is a freestanding building. This LLC paid $5.6 million for the net lease property. It is 14,490 square-feet and was developed last year and supported by a Triple Net Lease.
This Net Lease Property is located at 5180 US-192 in Kissimmee. This net lease investment is a fee simple, new construction Triple Net Lease Property. This Walgreen’s site just opened in September 2009.
Many commercial real estate investors believe that investing in a Walgreen’s Investment Property asset is regarded as one of the safest, most secure real estate investments available. Net Lease Properties are often being compared to owning a corporate bond. In an uncertain economy, the preferred choice for commercial real estate investors continues to be investment-grade, stable single-tenant, triple net lease deals. These are also excellent choices for 1031 Exchange Properties.
Walgreen Co. (WAG) just recently raised its quarterly dividend 27% to 17.5 cents a share, topping its compound annual dividend growth rate of 24% in the past six years.
Feel free to Contact us HERE to sell your existing Net Lease Properties portfolio. We have relationships with 1,000’s of commercial real estate investors interested in purchasing net lease investments. We provide tremendous marketing and exposure for your net lease properties, resulting in the highest pricing and quicker closings.
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