Walgreens
| Status | Available |
|---|---|
| Price | $7,135,000 |
| Cap Rate | 5.30% |
| NOI | $378,000 |
| Lease Type | Absolute NNN |
| Lease Term | 13 Years |
| Lease Start | 9/1/2022 |
| Lease Expiration | 8/31/2035 |
| Building Size | 15,120 SF |
| Lot Size | 1.74 AC |
Overview
Located less than 5 miles north of downtown Tampa, Walgreens is situated with excellent access and visibility on the signalized hard corner of North Lois Avenue and West Hillsborough Avenue, where it is 3.6 miles of the on-ramp to Interstate 275.
Traffic drivers in the area include Hillsborough Community College (1.3 miles south; 42,434 Enrollment), Tampa International Airport (1.7 miles southwest), Raymond James Stadium (1.5 miles south), International Plaza and Bay Street Shopping Mall (2.2 miles south), and the University of Tampa (4.5 miles southeast; 10,500 Enrollment), to name a few.
The Tampa Bay Area makes up the Tampa–St. Petersburg–Clearwater Metropolitan Statistical Area(MSA Population: 3.2M). The metro area boasts a labor force of 1.9 million, and major industries include tourism, healthcare, finance, technology and maritime industry. Several Fortune 500companies are headquartered in the metropolitan area including Publix Super Markets, Jabil Inc.,WellCare Health Plans, and Raymond James Financial, among many others.
