Walgreens

14004 Walsingham Road, Largo, FL
Deal Type:
Net Lease
Price:
$8,591,000
Cap Rate:
4.40%
Current Rent:
$378,000
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 13 years
Renewal Options:
Twelve, 5 Year Options
Building Sq. Ft.:
15,120 SF
Rent Increases:
5% every 5 years (Initial Term and Options)
Site Size:
1.73 AC

Investment Highlights

  • Property located on a hard-corner signalized intersection with over 28,000 VPD on Walsingham Rd. in a dense retail trade area in Largo, FL
  • Due to the strength of this location Walgreens executed a brand new 13-year lease with increases throughout initial term and options | Inflation Hedge
  • Investment offers an investor ZERO landlord responsibilities with NO management required
  • Densely populated location with over 149,000 residents and household incomes with over $84,000 within a 5-mile radius from property
  • Nearby National Retailers include: Walmart Neighborhood Market, CVS, Wendy’s, Chase Bank, McDonald’s, Regions Bank, Jiffy Lube, Taco Bell, Dollar General, Wells Fargo, Take 5 Oil Change, Wawa, AutoZone, Dunkin’ Donuts, O’ Reilly Auto Parts

Listing Agents

Connor Shell

Managing Director
407 913 9009
connor@stream-cp.com

Sasha Dominguez

Vice President
786 443 4960
Sasha@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to connor@stream-cp.com.

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings