Walgreens- Reno, NV

HIGH TRAFFIC COUNTS & HARD CORNER: Strategically situated on the corner of Lemmon Dr. & Vista Pkwy, which benefits from a combined ±35,000 cars passing per day. Surrounding national tenants include Walmart, Smith’s, Grocery Outlet, Raley’s, O’Reilly Auto Parts, Jack in the Box, Starbucks, Bank of America, in addition to numerous new development retail.
ZERO LANDLORD OBLIGATIONS: This investment is an Absolute NNN lease which allows hands-off ownership.
NEW DEVELOPMENTS NEARBY: Approximately ±4,000,000 SF of industrial developments within a 5-Mile radius of the property since 2014. National brands include Amazon Fulfillment Center, Chewy Fulfillment center, JCPenney Logistics Center, Petco Distribution Center, and more.
LONG TERM OPERATING HISTORY: This Walgreens was constructed in 2009 and has been in operation for over 15 years.
INCOME TAX FREE STATE: Nevada has one of the nation’s most attractive tax climates, being one of only nine states nationwide with no state income tax.

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