Investment Overview

Marcus & Millichap is proud to exclusively market for sale this Walgreens-leased property in highly desirable Deerfield Beach, Florida. The property has an above average store size of approximately 16,507 square feet and includes both a drive-thru lane and liquor store. The asset is strategically located off Federal Highway and on East Hillsboro Boulevard, both considered major traffic arteries with a combined traffic count of 65,000+ vehicles per day. Walgreens has over 12 Years remaining on its net lease, offering investors passive ownership while benefitting from strong cash flow in a market with high barriers to entry. The seller has very attractive financing in place that can be assumed with a fixed interest rate of 3.4 percent for a term of over nine years remaining. The loan balance is $6,500,000 which allows a Buyer to purchase the property with only 40 percent down payment.