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Drug Store

Walgreens | Aboslute NNN

300 W Sugarland Hwy, Clewiston, FL 33440

Listing Price: $3,700,000

Cap Rate
5.81%
Tenant Name
Walgreens
Years Remaining On Lease
13.6
Gross SF
13,400
Guarantor
Corporate Guarantee
Rentable SF
13,400
Price/Gross SF
$276.12
Lease Type
Absolute Net
Rent Per Square Feet
$16.04

Investment Overview

Marcus & Millichap is pleased to present Walgreens at 300 W Sugarland Hwy, Clewiston, FL offering a prime net lease investment along U.S. Highway 27, a major commercial corridor. This corporate-guaranteed asset provides stable cash flow with minimal landlord responsibilities, making it an attractive opportunity for passive investors. Surrounded by Walmart, Publix, Tractor Supply Co., and McDonald’s, the property benefits from strong consumer demand in Clewiston’s primary retail hub. With steady economic growth, infrastructure development, and a secure national tenant, this investment offers long-term stability in a thriving Florida market.

Investment Highlights

  • 13.8 years left with six 5 years extensions
  • 12 Consectutive 5-Year Extensions Until 2099
  • ?5% Increases Every 5 Years During Inital Term
  • 5% Increases Every 5 Years During Extension Periods
  • 28,000+ Combined Daily Vehicle Counts
  • Population: 1 mile 6,561 | 2 mile 12,139 | 3 mile 13,712
  • Households: 1 mile 2,231 | 2 mile 4,075 | 3 mile 4,509
  • Income: 1 mile $67,094 | 2 mile $62,284 | 3 mile $61,742

Exclusively Listed By

Financing By

Drug Store

Walgreens | Aboslute NNN

Listing Price: $3,700,000

Cap Rate
5.81%
Tenant Name
Walgreens
Years Remaining On Lease
13.6
Gross SF
13,400
Guarantor
Corporate Guarantee
Rentable SF
13,400
Price/Gross SF
$276.12
Lease Type
Absolute Net
Rent Per Square Feet
$16.04

Investment Highlights

  • 13.8 years left with six 5 years extensions
  • 12 Consectutive 5-Year Extensions Until 2099
  • ?5% Increases Every 5 Years During Inital Term
  • 5% Increases Every 5 Years During Extension Periods
  • 28,000+ Combined Daily Vehicle Counts
  • Population: 1 mile 6,561 | 2 mile 12,139 | 3 mile 13,712
  • Households: 1 mile 2,231 | 2 mile 4,075 | 3 mile 4,509
  • Income: 1 mile $67,094 | 2 mile $62,284 | 3 mile $61,742

Investment Overview

Marcus & Millichap is pleased to present Walgreens at 300 W Sugarland Hwy, Clewiston, FL offering a prime net lease investment along U.S. Highway 27, a major commercial corridor. This corporate-guaranteed asset provides stable cash flow with minimal landlord responsibilities, making it an attractive opportunity for passive investors. Surrounded by Walmart, Publix, Tractor Supply Co., and McDonald’s, the property benefits from strong consumer demand in Clewiston’s primary retail hub. With steady economic growth, infrastructure development, and a secure national tenant, this investment offers long-term stability in a thriving Florida market.

Exclusively Listed By

Financing By

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