5 Patricia Ave - Drug Store FOR SALE


Dunedin, FL 34698- Downtown Dunedin
$3,831,250 USD
305-395-6972
5 Patricia Ave, Dunedin, FL for Sale
$3,831,250 USD
Drug Store - FOR SALE
1/3
null | 8% Cap Rate

5 Patricia Ave
Dunedin, FL 34698
Downtown Dunedin


HIGHLIGHTS

  • Top-rated tenant: Walgreens, a globally recognized pharmacy chain, carries an investment-grade credit rating of ‘BBB’ by Standard & Poor’s.
  • Established brand: With over 9,000 locations nationwide, Walgreens is a cornerstone of the U.S. retail pharmacy industry.
  • Thriving Tampa MSA: Located in one of the top 20 metropolitan statistical areas in the U.S., with a population exceeding 3 million.
  • Dense population: More than 222,000 residents live within a 5-mile radius of the property, with an average household income of $82,924.
  • Population growth: The area has experienced steady population increases, with continued growth projected.
  • High retail performance: Positioned in a retail market with a low vacancy rate of 3.1%, highlighting strong market demand.

OVERVIEW

Kyle Matthews License # CQ1052263 (FL) Matthews Real Estate Investment Services, Inc. 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,831,250 USD

PRICE/SF

$260 USD /SF

CAP RATE

8%

% 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

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.88 AC

LAND SF

125,453 SF

ZONING

-

APN/PARCEL ID

35-28-15-00000-340-0400

ASK ABOUT THIS PROPERTY

Daniel GonzalezMatthews Real Estate Investment ServicesMore Info
305-395-6972

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Daniel GonzalezMatthews Real Estate Investment ServicesMore Info
305-395-6972

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