4420 NW Federal Hwy - Drug Store FOR SALE


Jensen Beach, FL 34957
$4,075,000 USD
772-528-6056
4420 NW Federal Hwy, Jensen Beach, FL for Sale
$4,075,000 USD
Drug Store - FOR SALE
1/4
null | 6.53% Cap Rate

4420 NW Federal Hwy
Jensen Beach, FL 34957


HIGHLIGHTS

  • Corporate Walgreens lease with investment-grade credit (NASDAQ: WBA)
  • Passive income with absolute NNN structure
  • Located on US-1 with over 72,500 vehicles/day
  • Surrounded by top-performing retailers
  • Ideal for NNN Income Investors, 1031 Exchange Buyers, Portfolio Acquisition Firms, and Long-Term Holders Seeking Passive Return

OVERVIEW

A rare opportunity to acquire an absolute net leased, single-tenant Walgreens investment property in the heart of Jensen Beach, Florida. This ±14,560 SF building sits on a high visibility ±1.5 acre parcel at a signalized intersection. Positioned along the region’s most active retail corridor, the property boasts strong daily traffic counts and a corporate-backed lease.

FOR SALE DETAILS

PRICE

$4,075,000 USD

PRICE/SF

$280 USD /SF

CAP RATE

6.53%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

PUD-WJ

APN/PARCEL ID

18-37-41-007-000-00010-0

ASK ABOUT THIS PROPERTY

Jeffrey ChamberlinSLC CommercialMore Info
772-528-6056

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Jeffrey ChamberlinSLC CommercialMore Info
772-528-6056

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.