Walgreens

1 Union Street, Brandon, VT

$836,363 For Sale
Property

Details

1 Union Street,
Brandon, VT
$836,363
  • Status For Sale
  • Term 9 Years
  • Lease Type NNN
  • Cap Rate 11%
  • Building Size 8700 SQ. FT
  • Options Four, 5-Year
Interested Request OM
Property

Highlights

• National Pharmacy Leader | Part of a premier network with 8,000 locations, accessible to 78% of the U.S. population.

• Low Rental Basis | Bite-Sized Deal features a low annual base rent that provides a secure, low-basis entry point and significant long-term downside protection.

• 14-Mile Competitive Gap | Only national-brand drugstore in Brandon, with the nearest national competitors located approximately 14 miles away.

• Extremely Attractive Return Day 1 | Offers a rare double-digit high-yield cash flow that significantly outpaces the current market average for national net-lease (NNN) pharmacy assets.

• Corporate Guarantee | Represents a primary contractual obligation of Walgreens Eastern Co., Inc. ensuring institutional-level accountability and minimal landlord responsibilities.