Absolute Net Lease (No Landlord Responsibilities): 14 Years Remaining on Recently Signed 15-Year Term. Lease Features Rare 5% Rental Increases Every 5 Years.

Signalized Hard Corner Location: Walgreens is Located at Commercial St. & Hifiker Ln. Overseeing 46,700+ Vehicles Per Day. Commercial Street is One of the Most Traveled Thoroughfares in Salem.

Near Major Hospital: 3 Miles from Walgreens Resides Salem Hospital A 607 Medical Bed Facility, the Largest Hospital in the Region.

Corporate Guaranty: Walgreens Operates more than 9,000 Stores Across All 50 States, Puerto Rico, and the U.S. Virgin Islands.

Strong Demographics: The 5-Mile Trade Area Supports Over 163,000+ Residents with an Average Household Income Exceeding $85,000.

Stable Investment Grade Tenant: Walgreens Boots Alliance is Publicly Traded (NASDAQ: WBA), is ranked #18 in the Fortune 500, and is rated “BBB-” by S&P.