Walgreens
15,876 SqFt
Marketing description
Long Term Commitment: Absolute NNN lease structure with 9+ years remaining and 12, 5 year options to extend
Zero Landlord Responsibilities: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
Investment highlights
High Income Market: The property is situated within an affluent market boasting average household incomes exceeding $97,000 within a two-mile radius, reflecting strong consumer purchasing power and a stable economic base.
Well Situated: Strategically positioned near the signalized intersection of West Highway and Ocoee Apopka Road, the property benefits from strong visibility and accessibility with a combined traffic count exceeding 34,000 vehicles per day.
Strong Surrounding Retail: Positioned among Publix, McDonald’s, Taco Bell, Starbucks, and Wendy’s, the property enjoys built-in visibility and steady traffic within a thriving retail corridor.
Proximity to Ocoee High School: The property sits less than one mile from Ocoee High School, home to more than 2,500 students, drawing steady daily traffic and community engagement that further supports surrounding retailers and drive-thru users.
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