Friedman Real Estate is proud to announce the successful Walgreens investment property sale in Kansas City, MO, a ±15,000 SF single-tenant property located at 358 NE 69 Hwy. The transaction was completed by Steven Silverman, who represented the buyer.
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On August 20, 2024, Friedman Real Estate finalized the sale of a Walgreens investment property in Kansas City, Missouri. This ±15,000 SF single-tenant building offers a prime location and long-term lease stability, making it an attractive addition to the buyer’s investment portfolio.
Details of the Transaction
Steven Silverman, a senior broker at Friedman Real Estate, represented the buyer in this transaction, ensuring a smooth and successful closing. The property’s strategic location along NE 69 Hwy provides excellent visibility and accessibility, reinforcing its value as a strong retail investment.
Why Walgreens Properties Are Highly Sought After
Walgreens investment properties remain popular among investors due to:
- Long-Term Leases: Secure, creditworthy tenants with predictable income streams.
- Prime Locations: High-traffic areas that drive consistent customer visits.
- Low Management Requirements: Single-tenant properties offer simplicity and stability.
This sale highlights Friedman Real Estate’s expertise in retail investment transactions and its ability to deliver results for clients nationwide.
About Friedman Real Estate
Friedman Real Estate is a full-service commercial real estate firm specializing in brokerage, property management, and investment advisory services. With over 200 managed properties, 18 million SF of commercial space, and $22.5 billion in closed transactions, Friedman combines decades of experience with innovative solutions to maximize client objectives.
