Pharma Property Group is pleased to market for sale the Walgreens property located at 15 North Charles Richard Beall Boulevard in Debary, Florida (the "Property"). Walgreens has had a long successful operating history at this location (±17 years) and is on an absolute net lease with approximately eight years remaining on the initial term with no landlord responsibilities whatsoever. The Property offers an opportunity to assume the existing non-recourse financing which is fully amortizing and at a below market rate of 6.25%. There is a one percent assumption fee payable by the buyer to assume the existing debt which has an approximate balance of $1,667,514 loan balance and is due August 1, 2033. Annual debt service is $261,240 and annual cash flow after debt service to a buyer is $143,760. Walgreens is located by several medical facilities including the Debary Health and Rehabilitation Center (120 beds, 0.5 miles north), the VA Orange City Clinic (1.6 miles north) and the Advent Health Fish Memorial (225 beds, 2.9 miles northeast) providing a healthy prescription base. Also nearby are two Amazon fulfillment centers which are adjacent to the Deltona Village, a 150 acre development consisting of 900K sf of retail space and 652 apartment units. The Property is located on a signalized intersection with approximately 29,000 vehicles per day and is just over a mile west of Interstate 4 which has a traffic count of over 130,000 vehicles per day. The area has solid demographics in a 5-mile radius with a population of about 87,636 and an average household income of $71,763. Listed in association with Brian Brockman, Bang Realty-Naples Inc, 513.898.1551, wg@bangrealty.com, FL DRE Lic. BK3327646