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| Price $4,600,000 | Built/Renov 2004 | Tenant Walgreens |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,650
| Lease Start
08-01-2004
| #Units
13,532
|
| Price/SF $337.00 | Expiration
07-31-2029
| Tenant Type Pharmacy |
| NOI $345,000 | R. Term 4.9 | Ownership Fee Simple |
| Rent/SF
$25.27
| Increases 3.0%/5/yrs | Pop 5Mi 28,534 |
| Lot/AC 2.14 | Options 10/5yrs/3% | AHHI 5Mi $115,708 |
| | |
Walgreens is strategically located on U.S. Route 1/E Main Street, the main traffic artery, with access to 10,785 vehicles passing by daily. Within a two-mile radius of the property are two grocery-anchored shopping centers, attracting 1.4 million visitors annually, and the Clinton Premium Outlets, attracting 2.8 million visitors annually. The area is surrounded by national tenants including...
...Signalized intersection
In location for years
Dense retail corridor
Near major nationals
Strategically located
Strong demographics
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 : | 3,193 | 13,022 | 25,460 |
| 2023 Total Population : | 3,204 | 12,981 | 25,603 |
| 2023 Employed Civilian Pop : | 1,614 | 6,936 | 13,634 |
| 2023 Total Businesses : | 240 | 818 | 1,549 |
| 2023 Average Household Income : | $ 123,366 | $ 131,574 | $ 144,229 |
| 2023 Total Consumer Spending : | $ 153 M | $ 657 M | $ 1363 M |
| 2023 Median Age : | 50 | 49 | 50 |
| 2023 Total Households : | 1,462 | 5,852 | 11,154 |
| 2023 Pop Age 25+: Bachelor's Degree : | 577 | 2,675 | 5,293 |
| 2023 Average Home Value : | $ 439,691 | $ 433,046 | $ 459,199 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Main St | Beach PkRd | 2012 | 12,900 | 0.09 mi |
| Beach Park Rd | PkPl | 2010 | 2,700 | 0.14 mi |
| E Main St | Plymouth Ct | 2012 | 14,500 | 0.30 mi |
| Old Post Rd | E Main St | 2012 | 4,700 | 0.35 mi |
| E Main St | Village Walk | 2012 | 14,200 | 0.41 mi |
| E Main St | Causeway | 2010 | 8,000 | 0.42 mi |
| Liberty St | E Main St | 2010 | 2,000 | 0.63 mi |
| Causeway | Groveway | 2010 | 650 | 0.64 mi |
| E Main St | Liberty St | 2002 | 14,000 | 0.64 mi |
| Liberty St | Long Hill Rd | 2010 | 3,300 | 0.77 mi |
Chicago, IL
Cap Rate 7.15%
Lease Abs NNN
R. Term 6.50 yrs
Size/SF 17,500
Columbiana, AL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 13,992
Jerseyville, IL
Cap Rate 7.50%
Lease Double NN
R. Term 16.40 yrs
Size/SF 11,945
Batavia, NY
Cap Rate 7.25%
Lease Abs NNN
R. Term 8.20 yrs
Size/SF 11,945
Meridianville, AL
Cap Rate 7.10%
Lease Abs NNN
R. Term 9.30 yrs
Size/SF 13,225
Gettysburg, PA
Cap Rate 8.00%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 14,584
Missouri City, TX
Cap Rate 8.50%
Lease Abs NNN
R. Term 5.11 yrs
Size/SF 73,311
Philadelphia, PA
Cap Rate 8.32%
Lease Abs NNN
R. Term 8.50 yrs
Size/SF 8,232
Jackson, MS
Cap Rate 8.27%
Lease Abs NNN
R. Term 9.10 yrs
Size/SF 12,012
Maplewood, MN
Cap Rate 8.50%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 15,108
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
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