Seri Bryant

Associate

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Senior Associate

CA BRE: 01797904

818.212.2715

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Senior Research Analyst

818.212.2731

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Senior Director, Digital Development

818.212.2730

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Operations Manager

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Kathy Magallanes

Certified Agent Support Specialist

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Success is not in what you have, but who you are."

Walgreens

4105 Pointe Plaza Blvd, Venice, FL 34293

Price:
$12,574,000
CAP Rate:
4.80%
NOI:
$603,500
Net Rentable Area:
14,820 SF
Lot Size:
2.05 Acres
Year Built:
2009
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Long-term true NNN lease - no landlord obligations with 12.4 years remaining on base term
  • Stabilized and strong store sales
  • Limited Walgreens presence in the surrounding area, with the nearest Walgreens more than 4.5 miles to the NE from the subject site
  • Strategically located near the region’s surgical center and in the heart of the area’s retail corridor
  • Strong infill location surrounded by Super Walmart, Home Depot, Target and several other big box retailers.
  • Investment Grade Credit Tenant (BBB by S&P)
  • Located just off the shoreline to the Gulf which draws thousands of visitors to the region annually
  • Conveniently located directly in front of the region’s senior living community

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