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| Price $3,534,300 | Built/Renov 2002 | Tenant Walgreens |
| Cap Rate 8.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
13,891
| Lease Start
09-08-2002
| #Units
12,500
|
| Price/SF $254.43 | Expiration
11-30-2027
| Tenant Type Pharmacy |
| NOI $282,744 | R. Term 2.1 | Ownership Fee Simple |
| Rent/SF
$20.35
| Increases 0.0%/0/yrs | Pop 5Mi 174,554 |
| Lot/AC 1.45 | Options 10/5yrs | AHHI 5Mi $128,146 |
| | |
Walgreens is strategically located (Always start sentence with property name and write strategically located) at the signalized hard corner intersection of LaGrange Road (US-45) and West 131st Street, with a combined traffic count of 48,900 vehicles per day. The property features direct frontage along a major commercial corridor that connects several high-income residential communities and is...
...Hard corner intersection
In location for years
Near major nationals
Highway location
Top 100 MSA
Strong demographics
Long operation history
Absolute NNN
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 | |
| 2030 Total Population : | 4,054 | 43,296 | 141,085 |
| 2025 Total Population : | 4,171 | 44,357 | 143,591 |
| 2025 Employed Civilian Pop : | 2,039 | 22,999 | 75,185 |
| 2025 Total Businesses : | 159 | 1,871 | 5,553 |
| 2025 Average Household Income : | $ 138,459 | $ 141,053 | $ 127,061 |
| 2025 Total Consumer Spending : | $ 225 M | $ 2174 M | $ 6288 M |
| 2025 Median Age : | 58 | 47 | 44 |
| 2025 Total Households : | 1,920 | 18,189 | 58,061 |
| 2025 Pop Age 25+: Bachelor's Degree : | 780 | 8,958 | 25,541 |
| 2025 Average Home Value : | $ 491,698 | $ 406,608 | $ 365,266 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| West 131st Street | Mill Rd | 2022 | 10,300 | 0.15 mi |
| West 131st Street | S Adsit Rd | 2022 | 10,300 | 0.24 mi |
| 131st St | Southmoor Dr | 2021 | 10,250 | 0.31 mi |
| West 131st Street | S Mill Rd | 2018 | 12,300 | 0.37 mi |
| US 45 | 2021 | 7,550 | 0.40 mi | |
| 96th Ave | Wild Cherry Ln | 2013 | 36,100 | 0.51 mi |
| West 131st Street | S 84th Ave | 2022 | 9,550 | 0.56 mi |
| 135th St | Howe Dr | 2014 | 6,500 | 0.62 mi |
| US 45 | 135th St | 2021 | 38,100 | 0.67 mi |
| Circle Drive | 135th St | 2022 | 50 | 0.67 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
