Long Term Commitment: Absolute NNN lease structure with 15 years remaining and 12, 5 year options to extend
Zero Landlord Responsibilities: Tenant operates under an absolute NNN lease structure, ensuring true passive ownership for investors. All expenses—including taxes, insurance, maintenance, and repairs—are fully covered by the tenant, providing stable income throughout the lease term.
Strong Corporate Guarantor: Guaranteed by Walgreens, a leading national pharmacy retailer with over 8,500 locations, providing investors with a reliable and stable corporate-backed lease.
Brand New 2025 Construction: Completed in 2025, this newly built Walgreens was developed to the company’s latest prototype specifications, featuring modern architecture, an efficient layout, and turnkey condition with no anticipated near-term capital needs.
High Income Market: The property is situated within an affluent market boasting average household incomes exceeding $145,000 within a three-mile radius, reflecting strong consumer purchasing power and a stable economic base.
Strong Surrounding Retail: Positioned among Publix, ALDI, Starbucks, Dunkin, and Chase Bank, the property enjoys built-in visibility and steady traffic within a thriving retail corridor.
Adjacent to Major Residential Growth: The property sits directly beside Bungalow Walk at Lakewood Ranch, a new 225-home community by Dream Finders Homes, positioning it to benefit from strong housing growth, increased visibility, and sustained demand within one of Florida’s fastest-growing master-planned markets.
Prime Sarasota Location: Located in Sarasota, Florida, one of the Gulf Coast’s most desirable and fastest-growing markets, the property benefits from strong demographics, year-round tourism, and a thriving local economy driven by healthcare, retail, and coastal lifestyle demand.
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