Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
4255 Commercial Way, Spring Hill, FL 34606
Listing Price: $4,602,154
Cap Rate
6.50%
Tenant Name
Walgreen Co.
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
15,038
Lease Type
Absolute Net
Rent Per Square Feet
$19.89
Investment Overview
See full marketing materials for details.
Walgreens | Long Term Absolute NNN Lease | 5% Increases
Investment Highlights
- Long Term Absolute NNN Lease with no landlord maintenance responsibilities
- 5% Rent Increases every 5-years during the primary term and 12, 5-year option periods
- Located Across From a Target & Publix-Anchored Center along Spring Hill's main commercial corridor
- Excellent Visibility on Commercial Way with average daily traffic counts of 42,332 VPD
- Tampa Bay MSA Location - Home to over 3.2 million residents
- Well-Established Retail Location with over 26 years of operational history
Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
Listing Price: $4,602,154
Cap Rate
6.50%
Tenant Name
Walgreen Co.
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
15,038
Lease Type
Absolute Net
Rent Per Square Feet
$19.89
Investment Highlights
- Long Term Absolute NNN Lease with no landlord maintenance responsibilities
- 5% Rent Increases every 5-years during the primary term and 12, 5-year option periods
- Located Across From a Target & Publix-Anchored Center along Spring Hill's main commercial corridor
- Excellent Visibility on Commercial Way with average daily traffic counts of 42,332 VPD
- Tampa Bay MSA Location - Home to over 3.2 million residents
- Well-Established Retail Location with over 26 years of operational history
Investment Overview
See full marketing materials for details.
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