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| Price $5,461,540 | Built/Renov 2008 | Tenant Walgreens |
| Cap Rate 6.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,820
| Lease Start
01-01-2009
| #Units
13,532
|
| Price/SF $368.52 | Expiration
01-01-2034
| Tenant Type Pharmacy |
| NOI $355,000 | R. Term 9.0 | Ownership Fee Simple |
| Rent/SF
$23.95
| Increases 0.0%/0/yrs | Pop 5Mi 16,176 |
| Lot/AC 1.16 | Options 50/1yrs | AHHI 5Mi $81,834 |
| | |
Walgreens is strategically located at the hard corner intersection of West Lincoln Avenue and North Vine Street which sees over 13,000 vehicles per day and provides excellent visibility via street frontage and multiple points of access, providing ease and convenience for customers. The site is also minutes from Interstate 94 which averages 17,900 vehicles per day. Located along a major...
...Hard corner intersection
In location for years
Near major nationals
Freeway close
University college close
Store sales reported
Absolute NNN
Traded and rated company
Corporate Guarantee
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 : | 8,081 | 14,491 | 16,293 |
| 2023 Total Population : | 8,104 | 14,467 | 16,275 |
| 2023 Employed Civilian Pop : | 3,919 | 7,046 | 8,004 |
| 2023 Total Businesses : | 460 | 828 | 893 |
| 2023 Average Household Income : | $ 68,146 | $ 75,874 | $ 80,168 |
| 2023 Total Consumer Spending : | $ 228 M | $ 424 M | $ 498 M |
| 2023 Median Age : | 42 | 44 | 45 |
| 2023 Total Households : | 3,781 | 6,348 | 7,061 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,169 | 2,263 | 2,608 |
| 2023 Average Home Value : | $ 255,521 | $ 256,041 | $ 263,294 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Vine St | W Lincoln Ave | 2006 | 917 | 0.03 mi |
| N Vine St | N Vine St | 2019 | 970 | 0.06 mi |
| S Union Ave | S Vine St | 2019 | 11,700 | 0.09 mi |
| W Lincoln Ave | S Union Ave | 2019 | 3,900 | 0.11 mi |
| W Cavour Ave | N Union Ave | 2019 | 2,800 | 0.12 mi |
| S Union Ave | W Stanton Ave | 2006 | 13,394 | 0.14 mi |
| S Court St | N Ct St | 2006 | 5,358 | 0.15 mi |
| N Court St | W Cavour Ave | 2006 | 4,203 | 0.16 mi |
| N Union Ave | W Summit Ave | 2019 | 8,700 | 0.17 mi |
| W Summit Ave | N Oak St | 2019 | 760 | 0.18 mi |
Silver Springs, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 11,982
Worth, IL
Cap Rate 5.65%
Lease Abs NNN
R. Term 15.10 yrs
Size/SF 20,215
Lancaster, CA
Cap Rate 6.65%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 15,251
Sheboygan, WI
Cap Rate 5.57%
Lease Abs NNN
R. Term 16.30 yrs
Size/SF 14,200
Miami Gardens, FL
Cap Rate 6.50%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,058
Fishers, IN
Cap Rate 6.25%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,310
Irvington, NJ
Cap Rate 5.75%
Lease Abs NNN
R. Term 17.70 yrs
Size/SF 12,300
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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