Log In/Sign Up
Your email has been sent.
Walgreens 5 Patricia Ave 14,736 SF Retail Building Dunedin, FL 34698 $5,348,119 CAD ($362.93 CAD/SF) 8% Cap Rate
INVESTMENT HIGHLIGHTS
- Top-rated tenant: Walgreens, a globally recognized pharmacy chain, carries an investment-grade credit rating of ‘BBB’ by Standard & Poor’s.
- Thriving Tampa MSA: Located in one of the top 20 metropolitan statistical areas in the U.S., with a population exceeding 3 million.
- Population growth: The area has experienced steady population increases, with continued growth projected.
- Established brand: With over 9,000 locations nationwide, Walgreens is a cornerstone of the U.S. retail pharmacy industry.
- Dense population: More than 222,000 residents live within a 5-mile radius of the property, with an average household income of $82,924.
- High retail performance: Positioned in a retail market with a low vacancy rate of 3.1%, highlighting strong market demand.
EXECUTIVE SUMMARY
Kyle Matthews
License # CQ1052263 (FL)
Matthews Real Estate Investment Services, Inc.
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
License # CQ1052263 (FL)
Matthews Real Estate Investment Services, Inc.
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,736 SF
Building Class
B
Year Built
2006
Price
$5,348,119 CAD
Price Per SF
$362.93 CAD
Cap Rate
8%
NOI
$427,849 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.88 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 35-28-15-00000-340-0400 | Improvements Assessment | $2,535,449 CAD |
| Land Assessment | $1,572,187 CAD | Total Assessment | $4,107,636 CAD |
PROPERTY TAXES
Parcel Number
35-28-15-00000-340-0400
Land Assessment
$1,572,187 CAD
Improvements Assessment
$2,535,449 CAD
Total Assessment
$4,107,636 CAD
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Walgreens | 5 Patricia Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.