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1402 Ohio Ave
Lynn Haven, FL 32444

$5,630,400 USD

Drugstore For Sale  •  19,000 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 13,761 SF
  • Lot Size 1.87 AC
  • Building Class B
  • Year Built 1999
  • Cap Rate 6.00 %
  • Tenancy Single
  • Zoning SB
0 Transit Score
54 Walk Score

Highlights

Significant sales performance – inquire with broker for details
Over 13 years remain on a recent lease extension
NNN lease – No landlord responsibilities
5% rental escalations every five years (Next increase: September 2028)
Signalized intersection along State Hwy 77 (33,000 VPD) & W 14th St (19,500 VPD)
Over 62,000 people live within a five-mile radius

Property Flyers

Cap Rate: 6.00 %

Amenities

  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Northwest Florida Beaches International 26 min - 17.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 66
Type: Surface
Included in Rent: Yes
Randy Blankstein 847-562-0003 The Boulder Group
Randy Blankstein 847-562-0003 The Boulder Group