Gallup, NM 87301

Walgreens Portfolio | 4 Locations Nationwide

Property Address

1870 U.S. Route 66, Gallup, NM, USA

Offering Summary

  • Price: $28,500,000
  • Lot Size: 1.36 Acres
  • Cap Rate: 5.25%
  • Year Built: 2005
  • Building SF: 14,820
  • Status: Available
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  • This Deal is Part of a Portfolio of Four Walgreens – All Listings in the Portfolio Must be Purchased Together – Portfolio is Priced at $28,500,000 / 5.25%
  • Absolute Triple-Net (NNN) Corporate Lease with Walgreens
  • 9 Years Remaining on Lease Term
  • Exceptional Store Sales
  • 22,174 Residents within a 5-Mile Radius
  • Signalized Hard Corner Location at the Intersection of Mollica Drive and US Route 66
  • Average Household Income Exceeds $85,000 within a 1-Mile Radius
  • Prime Location Along the Historic US Route 66 (13,600+ Cars/Day), the Main Thoroughfare in Gallup
  • Situated within an Albertsons and Goodwill Anchored Shopping Center

Broker Information