Property Description

Rare opportunity to acquire a two-property Walgreens investment portfolio featuring a top-tier, high-performing pharmacy location in Richland and a dominant regional retail location in Clarkston, Washington. The Richland property is classified as a Tier 5 Walgreens store, demonstrating exceptional sales performance with the last reported annual front-of-store revenue reaching $5.05 million, excluding pharmacy sales. Together, these strategically positioned assets generate $701,040 in combined annual rental income at an attractive blended cap rate of approximately 7%, with approximately 9 years of firm lease term remaining at each location. Both properties feature landlord-friendly NNN lease structures, offering predictable income and long-term investment potential.

Property Features

Local Schools