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Walgreens 680 E Burleigh Blvd

14,723 SF Retail Building Tavares, FL 32778 $7,352,417 CAD ($499 CAD/SF) 6% Cap Rate

Drug Stores Florida Tavares 680 E Burleigh Blvd, Tavares, FL 32778

Investment Highlights

  • Absolute Triple Net Lease Lease is absolute triple net, and there are no landlord responsibilities.
  • Lease Guaranteed by Walgreens Corporate Entity
  • Long-Term, 15-Year Lease with Rare Rental Increases of 5% Every Five Years

Executive Summary

NNN Pro is pleased to present the exclusive listing for a
Walgreens located at 680 E Burleigh Blvd, Tavares, FL 32778.
The site consists of roughly 14,723 rentable square feet of building
space on an estimated 1.9-acre parcel of land. This Walgreens is
subject to a 15-year Triple Net (NNN) lease, which commenced
8/28/2024. The current annual rent is $311,220 and has
scheduled increases of 5.00% Every 5 Years.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,723 SF
Building Class
C
Year Built
2009
Price
$7,352,417 CAD
Price Per SF
$499 CAD
Cap Rate
6%
NOI
$441,145 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.90 AC
Frontage
314 ft on E Burleigh Blvd
1 of 1
680 E Burleigh Blvd, Tavares, FL - aerial map view

Nearby Major Retailers

Checkers
Winn-Dixie Beer, Wine & Spirits
United Community Bank
South State Bank
The YMCA
(332) 345-4222

Contacts

  • Listing ID: 33206344

  • Date on Market: 2024-09-17

  • Last Updated:

  • Address: 680 E Burleigh Blvd, Tavares, FL 32778

The Retail Property at 680 E Burleigh Blvd, Tavares, FL 32778 is currently available for sale. Contact NNN Pro Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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680 E Burleigh Blvd, Tavares, FL for sale Building Photo- Image 1 of 3
680 E Burleigh Blvd, Tavares, FL Mian
680 E Burleigh Blvd, Tavares, FL for sale Aerial- Image 2 of 3
680 E Burleigh Blvd, Tavares, FL ariel

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Walgreens | 680 E Burleigh Blvd
(332) 345-4222 x

Walgreens | 680 E Burleigh Blvd

1/3

Glen Kunofsky

(332) 345-4222

(332) 345-4222

Anthony D'Ambrosia

(203) 887-8797

(203) 887-8797

Josh Kanter

(617) 865-1145

(617) 865-1145

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