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| Price $4,471,000 | Built/Renov 2005 | Tenant Walgreens |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,820
| Lease Start
12-17-2005
| #Units
13,532
|
| Price/SF $301.69 | Expiration
12-31-2030
| Tenant Type Pharmacy |
| NOI $313,000 | R. Term 6.3 | Ownership Fee Simple |
| Rent/SF
$21.12
| Increases 0.0%/0/yrs | Pop 5Mi 240,702 |
| Lot/AC 1.66 | Options 10/5yrs | AHHI 5Mi $119,059 |
| | |
Walgreens is strategically located at the signalized, hard corner intersection of Rangewood Drive and East Woodmer Road with access to over 53,000 vehicles per day. The site benefits from nearby direct access to State Highway 21 (60,000 VPD), making this an ideal, centralized location. National/credit tenants in the area include Starbucks, McDonalds, Dollar Tree, Firestone, Wendy’s and many...
...Signalized intersection
Hard corner intersection
In location for years
High traffic 50M+ VPD
Highway close
Dense 200M+ pop 5 mi
Top 100 MSA
Absolute NNN
Traded and rated company
Investment grade tenant
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 15,109 | 123,593 | 256,693 |
| 2023 Total Population : | 14,999 | 119,158 | 243,770 |
| 2023 Employed Civilian Pop : | 8,160 | 60,266 | 121,855 |
| 2023 Total Businesses : | 357 | 4,050 | 7,378 |
| 2023 Average Household Income : | $ 107,269 | $ 123,986 | $ 120,720 |
| 2023 Total Consumer Spending : | $ 536 M | $ 4781 M | $ 9603 M |
| 2023 Median Age : | 35 | 37 | 37 |
| 2023 Total Households : | 5,840 | 45,287 | 93,250 |
| 2023 Pop Age 25+: Bachelor's Degree : | 3,334 | 23,998 | 47,896 |
| 2023 Average Home Value : | $ 414,582 | $ 472,368 | $ 473,685 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Woodmen Rd | Rangewood Dr | 2015 | 37,760 | 0.04 mi |
| WOODMEN RD | Rangewood Dr | 2019 | 37,000 | 0.04 mi |
| Rangewood Dr | E Woodmen Rd | 2015 | 15,255 | 0.10 mi |
| Rangewood Drive | Dublin Blvd | 2021 | 12,706 | 0.11 mi |
| E Woodmen Rd | Lexington Dr | 2013 | 34,905 | 0.18 mi |
| Lexington Drive | E Woodmen Rd | 2021 | 5,913 | 0.21 mi |
| Lexington Drive | E Woodmen Rd | 2021 | 14,053 | 0.23 mi |
| Churchwood Cir | Sedgewood Way | 2017 | 995 | 0.24 mi |
| Lexington Dr | Bunker Hill Dr | 2015 | 17,510 | 0.25 mi |
| E Woodmen Rd | Lexington Dr | 2003 | 28,700 | 0.25 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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