81981 Overseas Hwy
Islamorada, FL 33036
Retail Property For Sale

Irreplaceable Walgreens, Florida Keys, 15 yr lease *Brand New 15 year lease term with 5% rent bumps in all seven, 5 year option periods. * Site is located on a triple lot in the Heart of Islamorada Village, The Sports Fishing Capital of the World. * Irreplaceable location surrounded by resorts, residential communities and a majority of retail tenants servicing the Middle keys. * Long Term Lease backed by Walgreen Co. * Tenant has a BBB investment grade credit rating by Standard and Poor' s * Excellent access, ingress and egress from front and rear of property with a huge parking lot * Over 25,000 vehicles per day on Overseas Highway * Limited competition in the market and highly sought after site by the Tenant. * Located within the main retail corridor of Upper Matecumbe Key just outside the entrance to the Islander Resort, A Guy Harvey Outpost and just down the street to the Cheeca Lodge & Spa. The Sport Fishing Capital of the World, Islamorada (pronounced eye-lah-mor-ahdah) is located in the Florida Keys, halfway between Key West and Miami. An ideal destination for families, Islamorada is known for its clear and calm waters, towering palm trees lining sandy beaches, beautiful orchids and bougainvillea and breathtaking sunsets. Though it has long attracted sport fishermen, it' s an equally appealing spot for divers and snorkelers, thanks to a colorful variety of shallow coral reefs and shipwrecks both accidental and intentional in its surrounding warm waters. Its proper name is Islamorada, Village of Islands, and it comprises four separate islands, two islands that are part of the Florida State Park system and one private island, as well as smaller islands. Once home to Cuchiyada Indians, Islamorada is said to be the oldest inhabited place in the Keys. The name Islamorada came from Spanish explorers in the early 16th century and the shade is seen prominently in local shops and restaurants. Legend has it that the Spanish explorers were so taken with the shades of purple in the sunset that they called it islas moradas (purple isles).