930 8th Ave W | Palmetto, FL 34221
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This Retail Property is no longer advertised on LoopNet.com.
930 8th Ave W
Palmetto, FL 34221
Walgreens | Florida | 11 Yr Extn | Increase · Retail Property For Sale

Investment Highlights
- STABLE INCOME - Income guaranteed by Walgreens Corporation (S&P BBB) investment grade Top 20 Fortune 500 Company with over 9,800 locations.
- STRATEGIC LOCATION - This Walgreens is located directly across from a CVS property which makes it a strategic location for both tenants.
- LIMITED DRUGSTORE COMPETITION - This Walgreens and the CVS across the street are the only two drugstores located South of I-275 and West of I-75.
- 11 YR EXTENSION & RARE 14.7% INCREASE - Walgreens extended this lease early and has ±11.5 yrs remaining and a rental increase of ±14.7% in 1/1/2032.
- HIGH TRAFFIC AREA WITH OVER 45,470 VPD - Located on signalized NE corner of 8th Ave. W & 10th St. W with traffic counts exceeding 45,479 VPD per day.
- ROBUST RETAIL CORRIDOR - Walgreens benefits from its location on 10th Ave. which is the main retail corridor in the area and is across CVS & Publix.
Property Facts
Property Type
Retail
Property Subtype
- Drug Store
- General Retail Convenience Store
- General Retail Freestanding
- General Retail Storefront
Building Size
19,277 SF
Building Class
B
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
1.41 AC
Zoning
CG
Parking
64 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
- 116’ on 10th St W
- 128’ on 8th Ave
- 119’ on 8th Ave W
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Links
Property Taxes
| Parcel Number | 27582-0010-9 | Improvements Assessment | $1,687,730 |
| Land Assessment | $764,462 | Total Assessment | $2,452,192 |
Property Taxes
Parcel Number
27582-0010-9
Land Assessment
$764,462
Improvements Assessment
$1,687,730
Total Assessment
$2,452,192
Listing ID: 19507544
Date on Market: 5/11/2020
Last Updated:
Address: 930 8th Ave W, Palmetto, FL 34221
The Palmetto/Ellenton Retail Property at 930 8th Ave W, Palmetto, FL 34221 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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