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| Price $5,015,600 | Built/Renov 2018 | Tenant Walgreens |
| Cap Rate 5.90% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
16,892
| Lease Start
11-21-2023
| #Units
13,532
|
| Price/SF $296.92 | Expiration
11-30-2038
| Tenant Type Pharmacy |
| NOI $295,920 | R. Term 13.11 | Ownership Fee Simple |
| Rent/SF
$17.52
| Increases 5.0%/5/yrs | Pop 5Mi 94,350 |
| Lot/AC 3.10 | Options 12/5yrs/5% | AHHI 5Mi $86,149 |
| | |
Walgreens is strategically located at the signalized, hard corner intersection of SW 17th Street and SW 5th Avenue, with access to a combined daily traffic count of 32,000 vehicles. Situated one mile southwest of Historic Downtown Ocala, the property enjoys a highly desirable location within the city. Additionally, it is conveniently adjacent to Circle K and located across from the avid Hotel...
...Hard corner intersection
Dense retail corridor
Near major nationals
Affluent suburb location
Major MSA
Income tax free state
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 : | 3,054 | 42,134 | 93,934 |
| 2023 Total Population : | 3,056 | 42,514 | 94,350 |
| 2023 Employed Civilian Pop : | 1,411 | 17,698 | 41,393 |
| 2023 Total Businesses : | 827 | 4,397 | 6,332 |
| 2023 Average Household Income : | $ 72,973 | $ 79,082 | $ 86,149 |
| 2023 Total Consumer Spending : | $ 79 M | $ 1151 M | $ 2870 M |
| 2023 Median Age : | 45 | 41 | 44 |
| 2023 Total Households : | 1,242 | 16,663 | 38,229 |
| 2023 Pop Age 25+: Bachelor's Degree : | 367 | 5,460 | 13,032 |
| 2023 Average Home Value : | $ 301,721 | $ 281,547 | $ 278,625 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| SW 17th St | SW 6th Ave | 2007 | 34,400 | 0.08 mi |
| S Pine Ave | SE 17th St | 2019 | 25,500 | 0.09 mi |
| Southwest 7th Avenue | SW 17th St | 2022 | 3,900 | 0.21 mi |
| Pine Avenue | SW 14th St | 2022 | 32,000 | 0.30 mi |
| Pine Avenue | SW 14th St | 2021 | 32,000 | 0.30 mi |
| Pine Avenue | SW 19th St | 2020 | 25,500 | 0.30 mi |
| SE 17th St | SW 18th St | 2004 | 34,000 | 0.32 mi |
| Southwest 1st Avenue | SW 15th St | 2022 | 3,200 | 0.36 mi |
| Southwest 17th Street | SW 17th St | 2022 | 32,000 | 0.42 mi |
| Southeast 17th Street | SE 7th Ave | 2020 | 29,000 | 0.43 mi |
Silver Springs, FL
Cap Rate 6.50%
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R. Term 11.30 yrs
Size/SF 11,982
Metairie, LA
Cap Rate 5.20%
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Size/SF 13,225
Cypress, TX
Cap Rate 5.77%
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Size/SF 12,725
Irvington, NJ
Cap Rate 5.75%
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Size/SF 12,300
Fishers, IN
Cap Rate 6.25%
Lease Abs NNN
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Sheboygan, WI
Cap Rate 5.57%
Lease Abs NNN
R. Term 16.30 yrs
Size/SF 14,200
Lancaster, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 15,251
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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