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3340 Canoe Creek Rd
Saint Cloud, FL 34772

$5,369,230 USD

Drugstore For Sale  •  14,611 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,611 SF
  • Lot Size 1.86 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 6.50 %
  • Tenancy Single
  • Zoning SHB
0 Transit Score
56 Walk Score

Highlights

Long-Term NNN Lease With Approx. 9.5 Years Remaining on Base Term
Long-Term Tenant, in Place for More Than 16 Years Showing a Strong Commitment to the Site
Lease is Guaranteed by Corporate Walgreens with Ten, Five-Year Tenant Renewal Options
Walgreens is the Nation’s Largest Drugstore Chain, Operating More Than 13,500 Pharmacies
Outparcel to Publix-Anchored Center, Serving as a Focal Point for Incoming Traffic
Average Household Income of $75,501 Within One Mile, and Expected to Reach $87,838 by 2027

Property Flyers

Cap Rate: 6.50 %

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Orlando International 34 min - 24.2 mi
Barry Wolfe 954-245-3416 Wolfe-Lipsky Retail Group of Marcus & Millichap
Barry Wolfe 954-245-3416 Wolfe-Lipsky Retail Group of Marcus & Millichap