Walgreens

2598 Bayshore Blvd, Dunedin, FL 34698
$8,265,000
Status Available
Price $8,265,000
Cap Rate 4.35%
Price/SF $575
NOI $359,450
Lease Type Absolute NNN
Lease Term 13 Years
Lease Start 9/1/2022
Lease Expiration 8/31/2035
Building Size 14,378 SF
Lot Size 1.65 AC

Overview

Strategically positioned on a hard corner at the signalized intersection of Bayshore and Causeway Boulevards, nearly 31,000 vehicles pass by Walgreens. This property benefits from a drive-thru lane. Situated on a retail corridor Walgreens is across the street from the Publix anchored Caladesi Shopping Center which is home to Truist Bank, T-Mobile and Great Clips.

An abundance of activity is supported by 5.1 MSF of office, 2.8 MSF of industrial and over 13,000 multifamily units within a 5-mile radius. Dunedin also boasts a population of over 156,000 people within that same radius.