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Walgreens | Trophy Publix OP | Delray Beach 6458 Linton Blvd 15,128 SF Retail Building Delray Beach, FL 33484 $6,177,606 CAD ($408.36 CAD/SF) 6.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Rare opportunity to own a trophy asset in the Miami MSA with 68,000 VPD, 67,650 population and $139,000 AHHI in 3 miles
  • Walgreens extended their lease for 10 years in 2024 demonstrating long-term commitment to this site
  • Fee simple ownership of the building allows for depreciation boosting after tax returns
  • High-profile signalized corner location in front of high-volume Publix
  • Tenant is responsible for maintaining the entire parcel creating passive ownership and stable cash flow
  • $18.50/SF rent is considered below market providing additional security and future upside potential

EXECUTIVE SUMMARY

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of this trophy Walgreens in Delray Beach, FL. Walgreens recently renewed their lease for 10 years and has operated at this location since 1999.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
15,128 SF
Building Class
C
Year Built
1999
Price
$6,177,606 CAD
Price Per SF
$408.36 CAD
Cap Rate
6.25%
NOI
$386,100 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.03 AC
Zoning
MUPD, Delray Beach
Parking
73 Spaces (4.83 Spaces per 1,000 SF Leased)
Frontage
133’ on Jog Rd

AMENITIES

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • Oct 2059

Walgreens est une destination de santé locale fiable et pratique sur laquelle des millions d'Américains comptent chaque jour. Leur fondateur, Charles R. Walgreen père, était connu pour avoir trouvé de nouvelles façons de communiquer avec les clients sur un plan personnel et pour traiter chaque personne comme un invité dans sa propre maison. Depuis plus d'un siècle, ils ont élargi ce lien personnel grâce à leur réseau de pharmacies de quartier et à leurs produits et services de santé novateurs. Le fondement de tout cela repose sur leur expertise pharmaceutique de confiance et les membres de leur équipe qui fournissent des soins essentiels qui aident les gens à obtenir de meilleurs résultats en matière de santé à un coût abordable.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - Oct 2059

NEARBY MAJOR RETAILERS

Publix
Bank of America
The Little Gym
Starbucks
PNC Bank
Applebee's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
00-42-46-27-21-002-0010
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$5,072,924 CAD
  • Listing ID: 38055343

  • Date on Market: 2025-10-13

  • Last Updated:

  • Address: 6458 Linton Blvd, Delray Beach, FL 33484

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