Walgreens NNN Property For Sale — Jacksonville, FL
14405 Beach Blvd, Jacksonville, FL
This Walgreens NNN property in Jacksonville, FL, presents a compelling investment opportunity. The property, built in 1999, encompasses 13,821 square feet of building space on a 2-acre lot. With a 7.0% cap rate and an asking price of $2,908,286, it offers stable income potential for investors, including those seeking 1031 exchange opportunities. Walgreens, a nationally recognized brand, provides predictable cash flow with minimal landlord responsibilities due to the triple net lease structure. The property benefits from strong local demographics and market fundamentals in Jacksonville, ensuring excellent visibility and accessibility.
- Address: 14405 Beach Blvd, Jacksonville, FL
- Asking price $2.91M
- 7.00% cap rate
- NOI $203,580
- 8 years remaining
- NNN lease
- Year built: 1999
- Building size: 13,821 SF
- Lot size: 2.00 acres
- Lease expiration: Dec 30, 2033
- Guarantor: Corporate
Location
This Walgreens property is at 14405 Beach Blvd in Jacksonville, Florida.
Asset type: Retail