Walgreens NNN Property For Sale — Clinton, IA
806 S 4th St, Clinton, IA 52732
The Gateway Bridge Walgreens offers a unique investment opportunity to acquire a Walgreens-anchored asset situated on a strategic 2.06-acre corner. Located at the confluence of US Highway 30 and US Highway 67, the property serves as a primary retail entrance to Iowa for cross-border traffic from Illinois. For the hybrid investor, this is the ultimate "land bank" play: enjoy institutional-grade passive income today with a 30% rent escalation at next renewal option on the horizon, all while controlling one of the most strategic redevelopment footprints in the region. Investment Highlights * Primary Retail Junction: Positioned at the junction of US-30 and US-67. The site captures heavy daily commuter volume originating from the US Highway 30 Bridge, connecting the Illinois and Iowa markets.…
- Address: 806 S 4th St, Clinton, IA 52732
- Asking price $2.75M
- 9.09% cap rate
- NOI $250,000
- 7.7 years remaining
- nn lease
- Building size: 13,799 SF
- Lot size: 2.06 acres
- Lease expiration: May 31, 2034
- Rent increases: 30% at next option
- Guarantor: Corporate
Location
This Walgreens property is at 806 S 4th St in Clinton, Iowa.
Asset type: Retail