Walgreens | New Construction | Lutz (TAMPA MSA)
Walgreens - New Construction | New 15-Year Absolute NNN Lease | Lutz (TAMPA MSA)
Marketing description
CBRE is pleased to present a brand-new 15-year Absolute NNN Walgreens at The Premier at Sunlake, a dynamic retail development at the high-traffic intersection of SR-54 and Sunlake Blvd (73,100 AADT) in Lutz, Florida. This prime location offers exceptional visibility and accessibility, supported by a compelling lineup of national tenants including McDonald’s, Dutch Bros, Bojangles, Fifth Third Bank, Outback, and CAVA.
Lutz has experienced rapid growth in recent years, with several major developments planned or underway nearby. The property benefits from its location across from the high-performing Publix-anchored Sunlake Centre, adjacent to a proposed new HCA medical facility, and within close reach of numerous upscale single-family and multifamily communities.
Investment highlights
NEW Construction - NEW 15-Year Absolute NNN Lease Trophy Asset Situated at the prime corner of the “Premier at Sunlake” Master-Development
5% rent increases every 5 years
LUTZ-FL (TAMPA MSA) is one of the strongest and fastest growing corridors in the Southwest FL Market
Close Proximity to Major Market Drivers that feed residential and commercial traffic into the subject property and immediate Sunlake Business park
Close Proximity to multiple major healthcare facilities providing a steady movement of patients, consumers and patrons from the immediate vicinity
Situated directly across the street from the new HCA Medical Center Development
Over 73,100 VPD in the immediate intersection fronting the subject property - Walgreens
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