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Walgreens - Sarasota MSA, FL

1504 53rd Avenue E | Bradenton, FL 34203

Current Real Estate Advisors is pleased to present the opportunity to acquire this Walgreens in Bradenton, FL (the “Property”), a freestanding ±15,913 SF retail building sited on 1.81 acres, located at a signalized intersection (66.6K+ VPD) of two main thoroughfares in the market – leading south to the center of Sarasota, east to I-75, north to Tampa & St. Petersburg, and west to Bradenton Beach and Anna Maria Island – connecting to the other famous tourist beaches of Longboat Key and Siesta Key, among other top beaches along Florida’s Gulf Coast.

 

This Walgreens offering benefits from ±13.5 years remaining on their recently renewed Absolute NNN lease (zero landlord responsibilities). Further, it includes attractive 5% increases every 5 years, as well as 12, 5-year options - demonstrating this proven corporate commitment to the location.

 

The Property presents a unique opportunity for an astute investor to acquire a property with long-term stability, stable cash flow and excellent underlying real estate fundamentals in one of Florida’s most sought-after markets

$5,540,870

5.75% Cap

±13.5 Years

Absolute NNN

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