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1669 E Silver Star Rd
Ocoee, FL 34761
Walgreens - Ocoee, FL · Retail Property For Sale
Executive Summary
- WALGREENS BOOTS ALLIANCE, INC. (NYSE: WBA) | NATIONAL CREDIT (S&P: BB-) | $150.41 BILLION TTM ENDING FEB-2025 | 8,441 RETAIL STORE LOCATIONS ACROSS THE US AND 13,723 LOCATIONS WORLDWIDE
- 13.1 YEARS OF FIRM TERM REMAINING | NEWLY STRUCTURED ABSOLUTE NNN LEASE WITH 5.00% RENTAL INCREASES EVERY 5 YEARS | ZERO LANDLORD RESPONSIBILITIES
- HIGHLY VISIBLE & EASILY ACCESSIBLE LOCATION | HIGH TRAFFIC RETAIL CORRIDOR ALONG STATE ROUTE 438 / E SILVER STAR RD. 26,376 VPD | WALGREENS IS LOCATED ON THE SOUTHEASTERN HARD CORNER OF THE E SILVER STAR RD. & CLARKE RD. (26,808 VPD) INTERSECTION (53,184 VPD) | 8.50 MILES WEST OF DOWNTOWN ORLANDO, FL
- APPROXIMATELY 0.8 MILES NORTH OF WEST OAKS MALL (780,000 SF SUPER REGIONAL MALL) ALONG CLARKE RD | DENSE & STABLE ORLANDO MSA DEMOGRAPHICS (222,773 RESIDENTS WITHIN 5 MILES) | HIGH QUALITY PUBLIX ANCHORED RETAIL INTERSECTION
- 13.1 YEARS OF FIRM TERM REMAINING | NEWLY STRUCTURED ABSOLUTE NNN LEASE WITH 5.00% RENTAL INCREASES EVERY 5 YEARS | ZERO LANDLORD RESPONSIBILITIES
- HIGHLY VISIBLE & EASILY ACCESSIBLE LOCATION | HIGH TRAFFIC RETAIL CORRIDOR ALONG STATE ROUTE 438 / E SILVER STAR RD. 26,376 VPD | WALGREENS IS LOCATED ON THE SOUTHEASTERN HARD CORNER OF THE E SILVER STAR RD. & CLARKE RD. (26,808 VPD) INTERSECTION (53,184 VPD) | 8.50 MILES WEST OF DOWNTOWN ORLANDO, FL
- APPROXIMATELY 0.8 MILES NORTH OF WEST OAKS MALL (780,000 SF SUPER REGIONAL MALL) ALONG CLARKE RD | DENSE & STABLE ORLANDO MSA DEMOGRAPHICS (222,773 RESIDENTS WITHIN 5 MILES) | HIGH QUALITY PUBLIX ANCHORED RETAIL INTERSECTION
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,032 SF
Building Class
B
Year Built
2006
Price
$4,928,000
Price Per SF
$327.83
Cap Rate
6.75%
NOI
$332,625
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.74 AC
Zoning
PUD-COMM
Parking
76 Spaces (5.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 16-2228-6166-00-040 | Improvements Assessment | $2,539,270 |
| Land Assessment | $1,035,544 | Total Assessment | $3,574,814 |
Property Taxes
Parcel Number
16-2228-6166-00-040
Land Assessment
$1,035,544
Improvements Assessment
$2,539,270
Total Assessment
$3,574,814
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