Available

Walgreens

2227 North Young Boulevard | Chiefland, FL 32626

Price

$5,250,000

Cap Rate: 5.86%

Lead Broker

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Strategic Walmart outparcel at main signalized intersection

Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Walgreens property located in Chiefland, Florida.  Walgreens has a long-term lease with nine year remaining.  Walgreens is an investment grade rated company (S&P: BBB).

The Walgreens property is an outparcel to Walmart and positioned at a signalized intersection along North Young Boulevard (US 98).  There are numerous national retailers in the immediate area including Winn-Dixie, O’Reilly Auto Parts, Dollar Tree, Tractor Supply Company, McDonald’s, Dunkin’ Donuts, Burger King, and Taco Bell.

This property can be purchased individually or with several other STNL properties.  Contact broker for details.

Investment Highlights

  • Long-term lease with nine years remaining
  • Absolute triple net lease with no landlord responsibilities
  • Investment grade rated tenant (S&P: BBB)
  • Strategic Walmart outparcel
  • Closest Walgreens is over 28 miles away from the property
  • Florida is an income tax-free state
  • Walgreens is a publicly traded company (NASDAQ: WBA) with a $31 billion market capitalization
  • Large 1.7-acre parcel

Location Highlights

  • Positioned at a signalized intersection along North Young Blvd (U.S. 98)
  • Retailers located in the immediate corridor include Winn-Dixie, O’Reilly Auto Parts, Dollar Tree, Tractor Supply Company, McDonald’s, Dunkin’ Donuts, Burger King, Taco Bell, and many others
  • Chiefland is know as the “Gem of the Suwannee Valley” and is 90 miles from Jacksonville and 110 miles from Orlando

We are ready to assist you.

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031