Drugstore For Sale • 14,490 SF
| Absolute NNN-leased retail property by Walgreens with 5% rent escalations every five years and 12 five-year options. |
| Walgreens is an investment-grade tenant with a Baa2/Stable rating from Moody’s and a BBB/Stable from S&P. |
| Property features include ample parking, a drive-thru pickup window, and 11 years of Walgreens occupancy. |
| The tenant has pledged to convert 3,000 SF of the property to an in-store VillageMD, providing a full-service clinic. |
| Located in the Northside neighborhood near I-95, UF Health North Hospital, and Jacksonville International Airport. |
| Benefit from strong surrounding demographics within a 15-minute drive, which will increase by 5.5% through 2027. |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Walgreens | 14,490 SF | 4/30/2035 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Jacksonville International | 10 min | - | 4.1 mi |