Walgreens

6503 West Waters Avenue Tampa, FL 33634

  • 15,120 Square Feet
  • Retail
  • For Sale

Summary Description

Mike Milano, CCIM, MAI, with the Milano-Glickman Team at Colliers International, is pleased to offer for sale Walgreens at West Waters Avenue and Twelve Oaks Blvd. in Tampa, FL. Walgreens signed a 20-year NN lease that has 5 years of primary term remaining with eight 5-year renewal options. The tenant is responsible for all operating expenses, insurance and real estate taxes and the landlord is responsible for maintaining the roof and structure.

The property is strategically located and well positioned at the NW corner of a signalized intersection. This portion of West Waters Avenue is a major retail corridor, with a traffic count of 50,500 vehicles per day. Other retailers in the area include Publix, Walmart, Target, Office Depot, Lowe’s Home Improvement, BJ’s Wholesale, Save-A-Lot, AMC, Bealls Outlet and multiple single-tenant quick-service restaurants, banks and gas stations. In addition to being on a major roadway and having access to the Veterans Expressway, the subject is situated in an established and densely populated submarket of northwest Hillsborough County known as Town and Country. The daytime population is slightly greater than the permanent population resulting in a high level of traffic throughout the day, thus making this a highly desirable retail location.

Price: $5,200,000.00

Building Size: 15120 Square Feet

Area Available: 15,120 Square Feet

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