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Walgreens at Adams Ridge

  SOLD June 2008 for $5,985,000

State Road 228 & Adams-Ridge Boulevard, Mars, Pennsylvania 16046

Building Size14,820 Square Feet
Land Size1.85 Acres
Year Built2007

New, highly visible Walgreens opened in November 2007 on a primary arterial road in Butler County, Pennsylvania--within the prestigious Adams/Treesdale/Seven Fields submarket. Store is 14,820 sf located on 1.85 acres. This is a triple net lease with the advantage of renewals after the 25th lease year on a 5 versus 1 year basis. Walgreen's S & P rating is A+. The store was developed by one of the nation's leading Walgreen developers--Paradise Development Group with offices in six cities within the east and southeast, including Pittsburgh. Net annual rent is $380,000.

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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