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Walgreens - Ft. Lauderdale MSA, FL

4529 West Hillsboro Boulevard | Coconut Creek (FTL MSA), FL 33073

Current Real Estate Advisors is pleased to present the opportunity to acquire this Walgreens in Coconut Creek (FTL MSA), FL (the “Property”), a freestanding ±14,478 SF retail building sited on 2.14 acres, located at a signalized corner (84.5K+ VPD) and shadow anchored by The Marketplace at Hillsboro—a 110K+ SF grocery anchored shopping center.

 

This Walgreens offering benefits from ±12.5 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 operator’s commitment to the location.

 

The Property is available as part of a portfolio of Walgreens assets (available together or separately), presenting a unique opportunity for an astute investor to acquire strategically distributed real estate in Florida (or to hand pick their desired location for an individual acquisition), that includes properties with long-term stability, stable cash flow and excellent underlying real estate fundamentals.

$5,562,000

6.00% Cap

±12.5 Years

Absolute NNN

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