PROPERTY OVERVIEW
- Rent. $215,000/yr, Modified Gross (inclusive of RET; R&M, insurance, utilities are subT expenses)
- Master Lease Expiration. 3/31/34
- Walgreens Premises. ±13,410 SF + ± 3,284 SF mezzanine + drive thru
- Signage. Building + dedicated pylon
- Intersection. SEC of S Federal Blvd and W Alameda Ave. Signalized intersection, ±75K VPD
- Access. RI/RO on Alameda and on Federal Blvd
- Parking. ~44 spaces
- Year Built. 2002 – HVACs replaced in ’21
- Zoning. B-4, UO-1, UO-2 – PERMITTED USES
- Prohibited Uses. Pharmacy, marijuana dispensary, cocktail lounge, bar, disco, bowling alley, pool hall, billiard parlor, skating rink, roller rink, amusement arcade, a theater, children's play or party facility, adult entertainment, second hand store, odd lot, closeout or liquidation store, auction house, flea market, educational or training facility, gymnasium, sport or health club or spa, blood bank, massage or tattoo parlor, funeral home, sleeping quarters or lodging, the sale, leasing or storage of automobiles, boats or other vehicles, any industrial use, car wash, carnival, amusement park, an assembly hall, banquet hall, bingo hall, or church.
SUBLEASE TERMS*
- SUGGESTED RENT $215,000/yr (inclusive of RET; R&M, insurance, utilities are subT expenses)
- TERM 3/31/34 (Co-terminus with master lease)
- DELIVERY “As-Is”
- OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
