13125 N Main St - Drug Store FOR SALE
Jacksonville, FL 32218 |
13125 N Main St
Jacksonville, FL 32218
HIGHLIGHTS
- Absolute NNN-leased retail property by Walgreens with 5% rent escalations every five years and 12 five-year options.
- Walgreens is an investment-grade tenant with a Baa2/Stable rating from Moody’s and a BBB/Stable from S&P.
- Property features include ample parking, a drive-thru pickup window, and 11 years of Walgreens occupancy.
- The tenant has pledged to convert 3,000 SF of the property to an in-store VillageMD, providing a full-service clinic.
- Located in the Northside neighborhood near I-95, UF Health North Hospital, and Jacksonville International Airport.
- Benefit from strong surrounding demographics within a 15-minute drive, which will increase by 5.5% through 2027.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14490
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
107603-0200
