Drug Store
Walgreens Deltona, FL | Interest Only 4.22% Assumable Loan
1700 N Normandy Blvd, Deltona, FL 32725
Listing Price: $6,000,000
Cap Rate
5.01%
Tenant Name
Walgreens
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
13,067
Lease Type
Absolute Net
Rent Per Square Feet
$22.98
Investment Overview
Walgreens in Deltona, Florida (Income Tax Free State). Assumable Interest Only Loan (IR 4.22%) with 12+ Years Remaining Just Outside of Orlando, Florida.
Walgreens Deltona, FL | Interest Only 4.22% Assumable Loan
Investment Highlights
- Absolute Net Lease Structure | Zero Landlord Responsibilities
- Interest Only Assumable Financing (IR 4.22%)
- Strong Demographics within 10 Miles | Consistent Population Growth
- 12+ Years of Lease Term Remaining | 5% Rental Increases Every Five Years
- Hard Corner Frontage on Saxon Blvd (36,000+ VPD)
- 29 Miles North of Downtown Orlando
- Orlando MSA Population 2.608+ Million
- Walgreens Corporate Guarantee (NASDAQ: WBA)
Drug Store
Walgreens Deltona, FL | Interest Only 4.22% Assumable Loan
Listing Price: $6,000,000
Cap Rate
5.01%
Tenant Name
Walgreens
Years Remaining On Lease
12.2
Guarantor
Corporate Guarantee
Rentable SF
13,067
Lease Type
Absolute Net
Rent Per Square Feet
$22.98
Investment Highlights
- Absolute Net Lease Structure | Zero Landlord Responsibilities
- Interest Only Assumable Financing (IR 4.22%)
- Strong Demographics within 10 Miles | Consistent Population Growth
- 12+ Years of Lease Term Remaining | 5% Rental Increases Every Five Years
- Hard Corner Frontage on Saxon Blvd (36,000+ VPD)
- 29 Miles North of Downtown Orlando
- Orlando MSA Population 2.608+ Million
- Walgreens Corporate Guarantee (NASDAQ: WBA)
Investment Overview
Walgreens in Deltona, Florida (Income Tax Free State). Assumable Interest Only Loan (IR 4.22%) with 12+ Years Remaining Just Outside of Orlando, Florida.
