Walgreens
Walgreens | Premier Atlantic coast location @ below market rent
Marketing description
CIRE Partners, in cooperation with Continental Real Estate Group, is pleased to present for sale the single tenant net lease Walgreens in Boynton Beach, Florida. The Tenant has nearly 30 years of operational history at this site and has approximately ±1.5 years remaining on its lease term with eight, 5-year renewal options. The investment offers qualified buyers a well-located asset in a premier Atlantic coast community with a below market rent, oversized lot and upside potential for future redevelopment. This is an ideal opportunity to acquire a NNN investment backed by corporate lease from a nationally recognized drug-store brand.
Investment highlights
This Walgreens investment opportunity is located in Boynton Beach, Florida, the 3rd largest municipality in Palm Beach County and Miami metro area. The site benefits from excellent visibility and access on a hard corner, signalized intersection at Military Trail & Woolbright Road. This intersection of two primary arterial streets experiences traffic volumes over ±58k vehicles per day. The Property's central location boasts a population over 295k within 5-miles, and is located within 50-miles of three major international airports (Palm Beach International, Fort Lauderdale International and Miami International).
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