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WALGREENS | $4,203,545 | 5.05% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Walgreens a single-tenant property located at 5995 Mobile Hwy, Pensacola, FL 32526.
Walgreens, who has occupied this site for 15 years, has signed a new 15 year absolute-net lease with rare 5% rental increases every five years. The reported store sales for this location are $2.4M (RX Excluded). Walgreens is near Pensacola's major hospital Ascension Sacred Heart which has 1,000+ employees and 566 staffed beds. Just one half mile away Pensacola Christian College enrolls 5,000+ students and 2,600+ employees. Situated at the hard corner intersection of Saufley & Mobile Walgreens is passed by over 46,800+ vehicles per day.
Founder, Deltondo Advisory Group
BROKER OF RECORD
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