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Walgreens 2580 Crawfordville Hwy 12,689 SF Retail Building Crawfordville, FL 32327 $4,760,823 CAD ($375.19 CAD/SF) 7.25% Cap Rate
Investment Highlights
- Absolute NNN lease
- Walgreens is S&P Rated BBB- providing long-term security.
- Positioned near the signalized intersection of Crawfordville Hwy & Wakulla Arran Rd which has a combined traffic count of 20,000 VPD.
- Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation.
- Excellent Demographics with an Average Household Income over $100,000
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,689 SF
Building Class
B
Year Built
2006
Price
$4,760,823 CAD
Price Per SF
$375.19 CAD
Cap Rate
7.25%
NOI
$345,160 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.27 AC
Parking
65 Spaces (5.12 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Dedicated Turn Lane
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 00-00-075-000-10237-001 | Improvements Assessment | $2,017,305 CAD |
| Land Assessment | $839,905 CAD | Total Assessment | $2,857,209 CAD |
Property Taxes
Parcel Number
00-00-075-000-10237-001
Land Assessment
$839,905 CAD
Improvements Assessment
$2,017,305 CAD
Total Assessment
$2,857,209 CAD
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Walgreens | 2580 Crawfordville Hwy
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