5000 Park Blvd - Drug Store FOR SALE
Wildwood, NJ 08260 |
5000 Park Blvd
Wildwood, NJ 08260
HIGHLIGHTS
- Walgreens just signed a new 15 year NNN lease with extremely rare 5% rent increases every 5 years throughout the entire term of the lease
- Extremely well-performing store with $4.5 million in sales volume
- This Walgreens is located among numerous national retailers including Wawa, TD Bank, McDonalds, & CVS
- Located within minutes from these nearby attractions: Water Parks, Piers, Wildwood Crest Beach, & Cape May National Wildlife Refuge
- Densely populated Beach/Resort community with a population of over 15,000 people and average HH Income of $92,631 within 3 Mile Radius
- Property sits on a highly desirable 1.68 AC parcel, covering an entire city block; frontage on three major streets (Park Blvd, Learning Ave, Hand Ave)
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens Drug Stores
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14490
STORIES
1
YEAR BUILT
2005
SPRINKLERS
-
PARKING SPACES
48
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
14-00028-0000-00001
