Pharma Property Group has exclusively listed a portfolio of three Walgreens properties located in the suburbs of Chicago.
(firmenpresse) - Based in California, Pharma Property Group provides real estate investment
services for Walgreens & CVS landlords nationwide.
Pharma Property Group has exclusively listed a portfolio of three Walgreens?properties located in the suburbs of Chicago. The properties must be?purchased as a portfolio and current debt must be assumed. Annual income?for the portfolio is $1,032,480 with interest only financing payments in?the amount of $701,484 annually, yielding the owner an annual return of?$330,996.
“This portfolio is a rare opportunity to purchase three institutional?quality Walgreens assets in the Chicago MSA. Each location has a history?of strong sales and is located within 20 miles of Chicago on hard?signalized corners with traffic counts ranging from 30,000 to 60,000?vehicles per day and population counts ranging from 230,000 to 270,000?residents in a five mile radius.” said Jason Pongsrikul, Managing Principal?at Pharma Property Group.
Pongsrikul continued, “At the asking price, an investor would have to put?down $3,142,000 and receive a 10.5% cash on cash return. The small equity?requirement and strong cash on cash yield makes these deals an attractive?opportunity for the right investor who understands the drugstore market and?the strength behind the sales histories at these locations.”
Based in California, Pharma Property Group provides real estate investment?services for Walgreens & CVS landlords nationwide.
For more information about Pharma Property Group visit?www.pharmapropertygroup.com or contact its Managing Principal, Jason Stuart?Pongsrikul at 858.537.0828.
Website url: http://pharmapropertygroup.com/
Contact info: Jason Pongsrikul, 858.537.0828
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Unternehmensinformation / Kurzprofil:
Datum: 15.08.2013 - 01:30 Uhr
Sprache: Deutsch
News-ID 1254942
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contact information:
Contact person: Jason Pongsrikul
Town:
USA
Phone: 858.537.0828
Kategorie:
Real Estate & Construction
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