Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
93 US Hwy 27 S, Avon Park, FL 33825
Listing Price: $3,360,000
Cap Rate
6.75%
Tenant Name
Walgreen Co.
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
15,023
Lease Type
Absolute Net
Rent Per Square Feet
$15.10
Investment Overview
See full offering 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
- Excellent Visibility on a signalized hard corner with combined average daily traffic counts of 44,036 VPD
- Central Florida Location - 86% of Florida's population is located within a two-hour radius
- Well-Established Retail Location with over 22 years of operational history
- Avon Park Executive Airport is located just east of the Subject Property
Drug Store
Walgreens | Long Term Absolute NNN Lease | 5% Increases
Listing Price: $3,360,000
Cap Rate
6.75%
Tenant Name
Walgreen Co.
Years Remaining On Lease
10.4
Guarantor
Corporate Guarantee
Rentable SF
15,023
Lease Type
Absolute Net
Rent Per Square Feet
$15.10
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
- Excellent Visibility on a signalized hard corner with combined average daily traffic counts of 44,036 VPD
- Central Florida Location - 86% of Florida's population is located within a two-hour radius
- Well-Established Retail Location with over 22 years of operational history
- Avon Park Executive Airport is located just east of the Subject Property
Investment Overview
See full offering materials for details.
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