300 W Sugarland Hwy - Drug Store FOR SALE


Clewiston, FL 33440
$3,700,000 USD
904-672-1442
300 W Sugarland Hwy, Clewiston, FL for Sale
$3,700,000 USD
Drug Store - FOR SALE
1/10
null | 5.81% Cap Rate

300 W Sugarland Hwy
Clewiston, FL 33440


OVERVIEW

13.8 years left with 12 consecutive 5-year extensions until 2099. 5% increases every 5 years during initial term. 5% increases every 5 years during each extension period. Walgreens has a 20 Day Right of First Refusal. VPD W Sugarland Hwy 23,000 VPD S W C Owen Ave 5,200 Home to U.S. Sugar Corporation, Clewiston plays a vital role in Florida’s $9 billion sugar industry, supporting thousands of jobs and contributing to the state’s economy.

FOR SALE DETAILS

PRICE

$3,700,000 USD

PRICE/SF

$276 USD /SF

CAP RATE

5.81%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

US 27 COMMERCIAL CORRIDOR

APN/PARCEL ID

3-34-43-01-010-0453-0010

ASK ABOUT THIS PROPERTY

Nicholas CollinsMarcus & MillichapMore Info
904-672-1442

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Nicholas CollinsMarcus & MillichapMore Info
904-672-1442

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.