Walgreens

2420 E Colonial Drive, Orlando, FL
Deal Type:
Net Lease
Price:
$6,382,076
Cap Rate:
5.25%
Current Rent:
$335,059
Lease Type:
Triple Net
Lease Term:
15 years
Landlord Responsibilities:
None
Building Sq. Ft.:
15,120 SF
Rent Increases:
5% Every 5 Years
Site Size:
1.47 Acres
  • walgreens stream capital partners
  • walgreens stream capital partners
  • walgreens stream capital partners

Investment Highlights

  • Commitment: Walgreens has a 30+ year operating history and is signing a new, 15-year abs. NNN lease with 5% rent increases showing their commitment to the location.
  • Irreplaceable Location: Trophy hard corner location off Colonial Drive and Bumby Avenue with traffic counts of more than 66,000 vehicles per day.
  • High Traffic Shopping Destination: Located within Colonial Plaza, a premier shopping mall, which is home to leading retailers including Barnes & Noble, Big Lots, Old Navy, Sprouts Farmers Market, Hobby Lobby, Staples, Petco, and more.
  • Profitable Store: Extremely high performing store with massive sales volumes.
  • Market: Located off Route 50 down the street from Colonial Town Center, home to a plethora of bars, shops, restaurants, and parks, attracting many families and young professionals to the area.

Listing Agents

Connor Shell

Managing Director
407 913 9009
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Jonathan Wolfe, Lic. #BK350717

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