700 N Pace Blvd - Drug Store FOR SALE


Pensacola, FL 32505- South Pensacola
$3,642,857 USD
858-488-0591
700 N Pace Blvd, Pensacola, FL for Sale
$3,642,857 USD
Drug Store - FOR SALE
1/3
null | 7% Cap Rate

700 N Pace Blvd
Pensacola, FL 32505
South Pensacola


HIGHLIGHTS

  • Corporate Lease
  • True NNN Lease
  • 10 5 year options
  • Large Lot 1.95 Acres

OVERVIEW

Tenant Corporate Walgreens NYSE: (WBA) is a publicly traded company and one of the largest drugstore chains in the US. Operating more than 8,600 retail locations across the US and Puerto Rico. Company has over 26,000 pharmacists. Net worth of over $139.1 Billion Lease Just under 4 years remaining on original 24 year Lease Ten 5 year options Location Number of Stories………………. One Year Built……………………….. 2003 Gross Leasable Area……………..14,141 SF Lot Size…………………………..1.95 Acres Type of ownership………………..Fee Simple Parking……………………………72 Spaces Parking Ratio……………………..5.09:1,000 SF Foundation………………………..Concrete Slab Framing………………………….. Wood Exterior………………………….. Painted Stucco Parking Surface………………….. Asphalt Roof……………………………… Flat

FOR SALE DETAILS

PRICE

$3,642,857 USD

PRICE/SF

$267 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

C-1

APN/PARCEL ID

00-0S-00-9060-001-136

ASK ABOUT THIS PROPERTY

Erika CarlsonGAIA Real Estate InvestmentsMore Info
858-488-0591

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

Erika CarlsonGAIA Real Estate InvestmentsMore Info
858-488-0591

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