PRICE REDUCED AGAIN, now 11.1% CAP. Submit all offers - This Walgreens property is backed by an absolute NNN lease, providing investors with zero landlord responsibilities. The lease includes over 11 years remaining on the original term, and while the site recently closed, it continues to generate full rent There is also potential for a substantial lease buyout by Walgreens, presenting a unique opportunity for value realization. The tenant is responsible for all property maintenance, taxes, insurance, and operating expenses, further reinforcing the passive nature of the investment. There is an 3.89% loan due in 6 years that may be assumable. Strategically positioned at the signalized intersection of State Route 5 and State Route 338, the site benefits from excellent visibility and high traffic counts, with approximately 28,000 vehicles per day. In a significant corporate development, Walgreens was recently acquired by Sycamore Partners, a well-capitalized private equity firm with plans to aggressively revitalize the chain’s pharmacy operations.