Property details
Sullivan, Missouri
Walgreens Center
Investment type
Net Lease
Asset Class
Retail
Ownership Structure
Tenancy-In-Common (TIC)
Year Acquired
2013
Investment Summary
An approximately 20,682 square foot, single story, retail building, primarily leased to Walgreens. The property was originally operated by Strauser Drugs, a local pharmacy that was acquired by Walgreens in 2012.
Syndicated structured its acquisition as a Tenancy-in-Common (TIC) to accommodate investors completing a Section 1031 Exchange.
