Historical Retail Sale Listing - Walgreens

Retail For Sale

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Walgreens

611 Burnt Store Road S, Cape Coral, FL 33991

N/A

14,820 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
14,820 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
6.75%
Occupancy:
100%
Tenancy:
Single
Lot Size:
1.54 AC
Listing ID
16931302
Last Updated
over 1 year ago

Description

Plaza Advisors, acting as exclusive agent on behalf of the Owner, is proud to offer for sale a 100% interest in this high-credit and newly constructed Walgreens building. The Property was completed in early 2010, totals 14,820 SF and Walgreens has a 75-year lease term. Walgreens is responsible for the maintenance and repair of its own roof and structure, pays pro-rata CAM to the owner of the adjacent Publix center, self-insures its premises and pays their own real estate taxes.

The property is situated on Burnt Store Road, north of the intersection with Pine Island Road (the major east-west signalized thoroughfare of Cape Coral). Thisbuilding serves as an outparcel to a bustling Publix-anchored shopping center named Coral Shores Center.

Map of 611 Burnt Store Road S, Cape Coral, FL 33991 (Lee County)

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Created 11/29/2010