4420 NW Federal Hwy - Drug Store FOR SALE


Jensen Beach, FL 34957
$4,325,000 USD
646-996-3709
4420 NW Federal Hwy, Jensen Beach, FL for Sale
$4,325,000 USD
Drug Store - FOR SALE
1/2
null | 6.15% Cap Rate

4420 NW Federal Hwy
Jensen Beach, FL 34957


OVERVIEW

- Low Rent Per Square Foot at $18.27/SF. - Very High Traffic Count as Property is Strategically Positioned on the Hard Corner of NW Federal Highway (72.5K Cars Per Day) and SE Westmoreland Boulevard (12k Cars Per Day) - Fantastic Visibility, Pylon Signage on Corner, Points of Ingress and Egress on Each Road, and is Equipped with a Double Drive-Thru - Oversized Building and Lot with a 14,560 Square Foot Building and a 1.5 Acre Lot - In the Heart of the Main Retail Thoroughfare Surrounded by a Plethora of National Retailers Including Home Depot, Harbor Freight, Lowes, Publix, Walmart, Sam's Club, Aldi, - Hobby Lobby, Target, Dicks, Zaxby's, 7-Eleven, Starbucks, Chipotle and many more - Located in a Dense and Growing Area Along Florida's Southeast Shoreline, Midway Between Vero Beach and West Palm Beach with Over 116,000 People Living Within a 5-Mile Radius Making an Average Household Income of over $93,500.

FOR SALE DETAILS

PRICE

$4,325,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

6.15%

% 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

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

GC

APN/PARCEL ID

18-37-41-004-002-0001.1-7-0000

ASK ABOUT THIS PROPERTY

Steven SiegelMarcus & MillichapMore Info
646-996-3709

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Steven SiegelMarcus & MillichapMore Info
646-996-3709

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