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Drug Store

Walgreens

7301 County Rd 535, Windermere, FL 34786

Listing Price: $9,120,879

Cap Rate
4.55%
Tenant Name
Walgreens
Gross SF
12,610
Guarantor
Corporate Guarantee
Rentable SF
12,610
Price/Gross SF
$723.31
Lease Type
Absolute Net
Rent Per Square Feet
$32.91

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 7301 State Road 535 in Windermere, Florida. The site constructed in 2009, consists of roughly 12,610 rentable square feet of building space and sits on an approximately 1.20-acre parcel of land.
Walgreens is subject to a 25-year triple-net (NNN) lease, which commenced on October 1st, 2009. The current annual rent is $415,000.

Investment Highlights

  • Long-Term, 25-Year Absolute NNN Lease With 13 Years Remaining of Base Term
  • Corporate Location, Corporate Guarantee | Built in 2009
  • Florida Tax Free State

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s) FL: BK3154667

    Florida

Financing By

Listing Price: $9,120,879

Cap Rate
4.55%
Tenant Name
Walgreens
Gross SF
12,610
Guarantor
Corporate Guarantee
Rentable SF
12,610
Price/Gross SF
$723.31
Lease Type
Absolute Net
Rent Per Square Feet
$32.91

Investment Highlights

  • Long-Term, 25-Year Absolute NNN Lease With 13 Years Remaining of Base Term
  • Corporate Location, Corporate Guarantee | Built in 2009
  • Florida Tax Free State

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 7301 State Road 535 in Windermere, Florida. The site constructed in 2009, consists of roughly 12,610 rentable square feet of building space and sits on an approximately 1.20-acre parcel of land.
Walgreens is subject to a 25-year triple-net (NNN) lease, which commenced on October 1st, 2009. The current annual rent is $415,000.

Exclusively Listed By

Broker of Record

  • Ryan Nee

    First Vice President / District Manager

    (954) 245-3400

    License(s): FL: BK3154667

    Florida

Financing By

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