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24170 US Highway 27
Lake Wales, FL 33859
Walgreens | $2.5M | ZCF | NNN · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,672 SF
Building Class
C
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.81 AC
Parking
20 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
205’ on US Highway 27

About 24170 US HIGHWAY 27 , LAKE WALES, FL 33859

Unique opportunity to purchase a zero cash flow leasehold Walgreens at a modest 16.5% over the current debt. Cash required to purchase this location is $362,952.42 and current debt is $2,199,711.62. Existing debt is fully amortizing and paid off at the end of the initial lease term. There are 6 other zero cash flow leaseholds available individually or in portfolios. See the other locations below: - 323 Hwy. 64, Alma, AR - $2,962,848.91 - 810 East Lincoln Hwy., Coatesville, PA - $3,933,522.48 - 1301 N US Hwy. 31, Petoskey, MI - $2,589,810.89 - 2225 East Walnut Ave., Dalton, GA - $2,552,830.97 - 1444 West 5th Ave., Grandview Heights, OH - $3,612,935.11 - 3395 S. Federal Way, Boise, ID - $2,894,787.21

Property Taxes

Property Taxes

Parcel Number
27-29-16-864752-000010
Land Assessment
$1,065,164
Improvements Assessment
$1,920,451
Total Assessment
$2,985,615
  • Listing ID: 14816781

  • Date on Market: 1/9/2019

  • Last Updated:

  • Address: 24170 US Highway 27, Lake Wales, FL 33859

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