$4,480,000 USD
561-427-6699
6458 Linton Blvd
Delray Beach, FL 33484
Outer Delray Beach
HIGHLIGHTS
- Rare opportunity to own a trophy asset in the Miami MSA with 68,000 VPD, 67,650 population and $139,000 AHHI in 3 miles
- High-profile signalized corner location in front of high-volume Publix
- Walgreens extended their lease for 10 years in 2024 demonstrating long-term commitment to this site
- Tenant is responsible for maintaining the entire parcel creating passive ownership and stable cash flow
- Fee simple ownership of the building allows for depreciation boosting after tax returns
- $18.50/SF rent is considered below market providing additional security and future upside potential
FOR SALE DETAILS
PRICE
$4,480,000 USD
PRICE/SF
$296 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens | Trophy Publix OP | Delray Beach
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
73
LAND DETAILS
LAND ACRES
2.03 AC
LAND SF
88,427 SF
ZONING
MUPD, Delray Beach
APN/PARCEL ID
00-42-46-27-21-002-0010
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561-427-6699
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561-427-6699
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