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Drug Store

Walgreens

4420 NW Federal Hwy, Jensen Beach, FL 34957

Listing Price: $4,500,000

Cap Rate
5.91%
Tenant Name
Walgreens
Years Remaining On Lease
6.5
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.27

Investment Overview

Oversized Building and Lot with a 14,560 Square Foot Building and a 1.5 Acre Lot. In the Heart of the Main Retail Thoroughfare Surrounded by a Plethora of National Retailers Including Home Depot, Harbor Freight, Lowes, Publix, Walmart, Sam's Club, Aldi, Hobby Lobby, Target, Dicks, Zaxby's, 7-Eleven, Starbucks, Chipotle and many more. Located in a Dense and Growing Area Along Florida's Southeast Shoreline, Midway Between Vero Beach and West Palm Beach with Over 116,000 People Living Within a
5-Mile Radius Making an Average Household Income of over $93,500.

Investment Highlights

  • Low Rent Per Square Foot at $18.27/SF
  • Very High Traffic Count as Property is Strategically Positioned on the Hard Corner of NW Federal Highway (72.5K Cars Per Day) and SE Westmoreland Boulevard (12k Cars Per Day)
  • Fantastic Visibility, Pylon Signage on Corner, Points of Ingress and Egress on Each Road, and is Equipped with a Double Drive-Thru

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Listing Price: $4,500,000

Cap Rate
5.91%
Tenant Name
Walgreens
Years Remaining On Lease
6.5
Guarantor
Corporate Guarantee
Rentable SF
14,560
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$18.27

Investment Highlights

  • Low Rent Per Square Foot at $18.27/SF
  • Very High Traffic Count as Property is Strategically Positioned on the Hard Corner of NW Federal Highway (72.5K Cars Per Day) and SE Westmoreland Boulevard (12k Cars Per Day)
  • Fantastic Visibility, Pylon Signage on Corner, Points of Ingress and Egress on Each Road, and is Equipped with a Double Drive-Thru

Investment Overview

Oversized Building and Lot with a 14,560 Square Foot Building and a 1.5 Acre Lot. In the Heart of the Main Retail Thoroughfare Surrounded by a Plethora of National Retailers Including Home Depot, Harbor Freight, Lowes, Publix, Walmart, Sam's Club, Aldi, Hobby Lobby, Target, Dicks, Zaxby's, 7-Eleven, Starbucks, Chipotle and many more. Located in a Dense and Growing Area Along Florida's Southeast Shoreline, Midway Between Vero Beach and West Palm Beach with Over 116,000 People Living Within a 5-Mile Radius Making an Average Household Income of over $93,500.

Exclusively Listed By

  • Steven J. Siegel

    Licensed Associate Real Estate Broker

    (212) 430-5166

    Email Steven

    License(s): NY: 30SI0857139, NJ: 0015107, CT: REB.0754170

    Manhattan

Broker of Record

  • Ryan Nee

    Senior Vice President/ Division Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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