| Investment-Grade Credit – Walgreens remains contractually obligated to pay $350,000 annually through May 2033, offering secure and predictable cash fl |
| Absolute NNN Lease Structure – The lease is absolute triple net, with Walgreens responsible for all property expenses, including taxes, insurance, and |
| Subleased to NAPA Auto Parts – NAPA occupies the entire premises under a sublease from Walgreens, providing additional operational stability and long- |
| Attractive 10.6% CAP Rate – Priced at $3,300,000, the asset delivers strong yield for investors seeking reliable, long-term passive income with minima |
| Future Opportunity – Upon lease expiration in 2033, investors will have the option to negotiate directly with NAPA or re-tenant at market rates to opt |
| Tight Retail Market – Pendleton features a low vacancy retail environment with limited commercial inventory, supporting long-term rent growth and tena |
