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Walgreens 2459 Sunlake Blvd 9,956 SF Retail Building Lutz, FL 33558 $11,461,671 CAD ($1,151.23 CAD/SF) 5.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • New Construction 15-Year NNN Lease at The Premier at Sunlake
  • Extremely high growth and affluent area of the Tampa MSA
  • Florida has NO STATE INCOME TAX
  • Hard corner signalized intersection (73,100 AADT)
  • Large efficient parcel offering excellent exposure and access

EXECUTIVE SUMMARY

CBRE is pleased to present a brand-new 15-year absolute NNN Walgreens at The Premier at Sunlake, a dynamic retail development at the high-traffic intersection of SR-54 and Sunlake Blvd (73,100 AADT) in Lutz, Florida. This prime location offers exceptional visibility and accessibility, supported by a compelling lineup of national tenants including McDonald’s, Dutch Bros, Bojangles, Fifth Third Bank, Outback, and CAVA.
Lutz has experienced rapid growth in recent years, with several major developments planned or underway nearby. The property benefits from its location across from the high-performing Publix-anchored Sunlake Centre, adjacent to a proposed new HCA medical facility, and within close reach of numerous upscale single-family and
multifamily communities.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,956 SF
Building Class
B
Year Built
2025
Construction Status
Proposed
Price
$11,461,671 CAD
Price Per SF
$1,151.23 CAD
Cap Rate
5.50%
NOI
$630,392 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.51 AC
Zoning
PUD - Planned Urban Development

AMENITIES

  • Air Conditioning

NEARBY MAJOR RETAILERS

Dutch Bros Inc.
Starbucks
Fifth Third Bank
Mission BBQ
First Watch
Publix
F45 Training, Inc.
StretchLab
The Brass Tap
Fuzzy's Taco Shop

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-26-18-0000-00100-0032
Land Assessment
$2,744,590 CAD
Improvements Assessment
$816,707 CAD
Total Assessment
$3,561,297 CAD
  • Listing ID: 36947638

  • Date on Market: 2025-07-28

  • Last Updated:

  • Address: 2459 Sunlake Blvd, Lutz, FL 33558

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