Walgreens NNN Property For Sale — Apopka, FL
1489 Orange Blossom Trail, Apopka, FL 32703
This investment opportunity features a Walgreens property with an absolute NNN lease. The tenant, Walgreens, is a publicly traded company with a strong corporate guarantee. The property benefits from its strategic location in Apopka, within the robust Orlando metropolitan area, and boasts excellent visibility at a signalized intersection with high traffic counts. Surrounded by national retailers, this location is ideal for long-term passive investment. The large parcel also offers future development potential.
- Address: 1489 Orange Blossom Trail, Apopka, FL 32703
- Asking price $4.25M
- 6.70% cap rate
- NOI $284,502
- 2.6 years remaining
- NNN lease
- Year built: 2004
- Building size: 14,560 SF
- Lot size: 3.40 acres
- Lease expiration: Mar 31, 2029
- Guarantor: Corporate
Location
This Walgreens property is at 1489 Orange Blossom Trail in Apopka, Florida.
Asset type: Free Standing Retail