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Walgreens
Walgreens - Prime Location - New Smyrna Beach - 13,454 SF - 8+ Years
Listing Contacts
License: 10301217571
Active
Address
800 Florida A1A, New Smyrna Beach, FL 32169
Show on MapDate Added
Apr 29, 2024
Days on Market
330 days
Time Since Last Update
47 days
Details
Property TypeRetail
SubtypePharmacy/Drug
Investment TypeNet Lease
Lease TypeAbsolute NNN
Tenant CreditCorporate Guarantee
TenancySingle
Brand/TenantWalgreens
Lease Term40.7 years
Lease Commencement07/01/1992
Lease Expiration02/28/2033
Remaining Term7.9 years
Square Footage13,454
Net Rentable (sq ft)12,973
Price/Sq Ft$282.44
Cap Rate4.21%
Occupancy100%
Occupancy Date07/01/1992
NOI$159,999
Year Built1993
Buildings1
Stories1
Zoning10B2 - Business General
Lot Size (acres)1.01
Parking (spaces)42
Rent Bumps1% in each option
Broker Co-OpYes
Lease OptionsThree, 5 year options
OwnershipFee simple
Marketing Description
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Essential Retailer | High-performing Walgreens location
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A+ Coastal location | Walking distance to the beach
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Positioned at a major signalized intersection in a healthy trade area
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Rare, low replaceable rent
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High Performing Walgreens Retailer
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Location has a liquor license
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$159,999.00
$13,333.25/mo
Valuation Metrics
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0
DSCR
4.21%
Cap Rate
4.21%
ROI
Property History
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Due Diligence
Listing Contacts
- License: 10301217571
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Broker Information
Broker Name
Deborah Ginsburg
Broker License
BK3349775
Brokerage Name
Nest Seekers
Broker Title
Licensed Real Estate Broker
Brokerage Address
150 Worth Ave, Palm Beach FL 33480
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