Walgreens | 4420 NW Federal Hwy
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Walgreens 4420 NW Federal Hwy
14,560 SF Retail Building Jensen Beach, FL 34957 $4,325,000 ($297/SF) 6.15% Cap Rate
Executive Summary
- 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.
- 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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
B
Year Built
2005
Price
$4,325,000
Price Per SF
$297
Cap Rate
6.15%
NOI
$265,950
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.50 AC
Zoning
GC
Frontage
173 FT on NW Federal Hwy
Nearby Major Retailers
1 of 3
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Walgreens | 4420 NW Federal Hwy
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