Leased Walgreens US Highway 19 N, Palm Harbor, FL Cap Rate 6% Palm Harbor ( Florida, US ) Built

$5,333,333 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

bai -mex bai -mex +528115997536 (Cell) Request More Info

  • Type: Commercial
  • Style: Commercial
  • Size: 14,280 sq. ft.
  • Development Level: Built
  • Lot Size: 1.54 acres
  • Year Built: 2004

Description

Leased Walgreens US Highway 19 N, Palm Harbor, FL Cap Rate 6%

Cap Rate: 6%
NOI: $320,000
Cash-on-Cash: 6.08%
Pro Forma Cap Rate: 6%
Building Size: 14,280 sqft
Lot Area: 1.54 acres
Occupancy: 100%
Class: A
Lease Type: Triple Net
Year Built: 2004
Tenancy: Single
Investment Strategy: Core
Lease Expire Year: 2029

DESCRIPTION

Freestanding Walgreens Drug Store
Fronting on US Highway 19
Absolute NNN Lease No Landlord Management
10 5 year options to renew

HIGHLIGHTS
• Next to Longhorn Steakhouse
• Across from Walmart
• Next to Publix Market
• Absolute NNN Lease. N o landlord Responsibilities
• $2,900,000 loan to be assumed 4.09% due 2/1/2025
• $2,433,333 Down Payment

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
# ID de Propiedad: 358038156
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

Attachments

P2#437579455
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Information is deemed to be correct but not guaranteed.