Walgreens Portfolio

Location: Various, Various
Type: Retail
Price: $144,931,000

SMC has provided $144,931,000 ten-year fixed rate debt to refinance a portfolio of 41 single-tenant Walgreens. Built between 1998 and 2000, the Properties total 609,334 square feet and are located in fifteen states across the United States. All of the properties are 100% occupied by Walgreens and have leases through 2077. The Properties are predominately located along main retail thoroughfares and in high density areas.