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5420 Dr Martin Luther King Jr St N
Saint Petersburg, FL 33703 Calais Village

$5,985,692 USD

Drugstore For Sale  •  23,231 SF

Property Details

• Property Type Drugstore
• Total Building Size 20,921 SF
• Lot Size 2.12 AC
• Building Class C
• Year Built 1954
• Cap Rate 6.50 %
• Tenancy Single
• Zoning CG

34 Transit Score

66 Walk Score

Highlights

Tampa MSA

NNN lease – No landlord responsibilities

Long term lease through 2039

Successful operating history spanning multiple decades

Large 2.12-acre site

Over 247,000 people live within a ?ve-mile radius

Property Flyers

OM-Walgreens-St-Petersburg-FL

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens		2/28/2039

Public Transportation

Airport	Drive	Walk	Distance
St Pete-Clearwater International	20 min	-	9.3 mi
Tampa International	27 min	-	18.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	133
Type:	Surface
Included in Rent:	Yes