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| Price $8,450,000 | Built/Renov 1990/2014 | Tenant Walgreens |
| Cap Rate 5.85% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
15,167
| Lease Start
04-07-2014
| #Units
13,532
|
| Price/SF $557.13 | Expiration
11-30-2034
| Tenant Type Pharmacy |
| NOI $494,250 | R. Term 10.0 | Ownership Fee Simple |
| Rent/SF
$32.59
| Increases 0.0%/0/yrs | Pop 5Mi 253,042 |
| Lot/AC 1.62 | Options 11/5yrs | AHHI 5Mi $193,419 |
| | |
Walgreens is strategically located near the signalized, hard corner intersection of Pfingsten Road and Willow Road, with access to a robust combined daily traffic count of 51,860 vehicles. The property is anchored within the Glenbrook Marketplace, which attracts over 660,000 visitors per year. Additionally, it serves as the anchor tenant alongside co-tenants such as Bank of America, Starbucks,...
...In location for years
Near major nationals
Strategically located
Top 100 MSA
Strong demographics
Store sales reported
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
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 : | 11,379 | 82,385 | 250,079 |
| 2023 Total Population : | 11,582 | 83,798 | 254,092 |
| 2023 Employed Civilian Pop : | 6,277 | 42,321 | 130,343 |
| 2023 Total Businesses : | 209 | 3,907 | 11,473 |
| 2023 Average Household Income : | $ 237,646 | $ 174,091 | $ 160,978 |
| 2023 Total Consumer Spending : | $ 841 M | $ 4697 M | $ 13191 M |
| 2023 Median Age : | 53 | 47 | 46 |
| 2023 Total Households : | 4,285 | 32,163 | 97,537 |
| 2023 Pop Age 25+: Bachelor's Degree : | 2,833 | 20,184 | 60,801 |
| 2023 Average Home Value : | $ 643,781 | $ 569,218 | $ 518,154 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Pfingsten Rd | Highland Dr | 2014 | 16,500 | 0.08 mi |
| Willow Rd | Pfingsten Rd | 2014 | 37,300 | 0.08 mi |
| Pfingsten Road | Woodmere Dr | 2022 | 11,700 | 0.10 mi |
| Pfingsten Rd | Highland Dr | 2006 | 14,700 | 0.10 mi |
| Willow Road | Shermer Rd | 2022 | 31,900 | 0.14 mi |
| Pfingsten Rd | Willow Rd | 2018 | 35,700 | 0.17 mi |
| Willow Rd | Pfingsten Rd | 2010 | 20,400 | 0.18 mi |
| Willow Road | Porter Ct | 2022 | 33,000 | 0.18 mi |
| Pfingsten Rd | Woodland Dr | 2010 | 13,500 | 0.30 mi |
| Pfingsten Rd | 2022 | 11,700 | 0.51 mi |
Miami, FL
Cap Rate 5.00%
Lease Abs NNN
R. Term 23.60 yrs
Size/SF 13,295
Gainesville, FL
Cap Rate 6.25%
Lease Abs NNN
R. Term 10.10 yrs
Size/SF 12,900
Dallas, TX
Cap Rate 5.25%
Lease Abs NNN
R. Term 10.50 yrs
Size/SF 13,420
Davenport, FL
Cap Rate 5.25%
Lease Abs NNN
R. Term 12.40 yrs
Size/SF 13,802
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
