6558 Lantana Rd - Drug Store FOR SALE


Lake Worth, FL 33467- Outer Royal Palm Beach/Wellington
$3,500,000 USD
561-703-9298
6558 Lantana Rd, Lake Worth, FL for Sale
$3,500,000 USD
Drug Store - FOR SALE
1/14
null | 5.71% Cap Rate


HIGHLIGHTS

  • NNN Lease
  • Signalized Corner Location with Excellent Visibility & Access
  • Long-Term Tenancy & Established Store With Sales Exceeding National Average
  • Dense Retail Trade Area
  • Strong Demographics
  • Large Site with Drive-Thru Pharmacy & Ample Parking

OVERVIEW

This offering consists of a free-standing Walgreens drugstore that has been operating at this location for over 20 years. The property provides a triple-net ground lease with no Landlord responsibilities. This Walgreens is located on an outparcel to a very busy shopping center anchored by Walmart Neighborhood Market with other national retailers at this intersection including Ross Dress for Less, HomeGoods, TJ Maxx, Five Below, Publix Supermarket, Home Depot and Dollar Tree. This investment property offers a long-term stable investment property with absolutely no Landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$239 USD /SF

CAP RATE

5.71%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens - NNN Outparcel Building

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

68

LAND DETAILS

LAND ACRES

1.75 AC

LAND SF

76,313 SF

ZONING

CGSE

APN/PARCEL ID

00-42-44-39-04-001-0020

ASK ABOUT THIS PROPERTY

Gary BroidisAtlantic Commercial GroupMore Info
561-703-9298

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Gary BroidisAtlantic Commercial GroupMore Info
561-703-9298

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