Inland Private Capital Corporation Sells Eight Walgreens Properties In Arkansas, Michigan, Missouri & Tennessee For $37M
SOLD
$37,000,000
Tennessee
See Similar DealsSold 01/06/2022
SOLD
Inland Private Capital Corporation Sells Eight Walgreens Properties In Arkansas, Michigan, Missouri & Tennessee For $37M
Tennessee, United States
See Similar DealsSold 01/06/2022
Summary
TENNESSEE
Transaction Type:Sale
A portfolio of eight Walgreens properties located in Arkansas, Michigan, Missouri, and Tennessee has been sold in a retail transaction. The properties were sold by Inland Private Capital Corporation for a total price of $37,000,000.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $37,000,000
- Address: Eight Walgreens Properties
- Market: Arkansas, Michigan, Missouri & Tennessee
Inland Private Capital Corporation acted as the seller in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$1,973,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$131,453.19
Cash-on-Cash Return-1.27%
Monthly Debt Service$175,398.88
Annual Debt Service$2,104,786.52
Is there something missing? Send suggestions