NNN Walgreens in Sarasota FL For Sale

1. COMPANIES, INC.
Net Lease Investment Property
YO U R S O U R C E F O R I N V E S T M E N T R E A L E S TAT E ™ | W W W. C A L K A I N . C O M
Financial Summary
Price $5,608,108
Cap Rate 7.40%
Net Operating Income (NOI) $415,000
Lease Type Absolute NNN
Lease Term 25 years
Lease Commencement April 13, 2009
Lease Expiration March 2034
Building Area 14,560 +/- sf
Land Area 81,406 +/- sf
Options Fifty (50), one (1) year
Year Built 2009
Typical Construction S&P Rating A+ stable
L OCKWO O D R I D G E ROAD A ND 1 7 TH S TR EET • S A R A S OTA , F L O R IDA
Living in Sarasota
Sarasota is a tropical paradise on the Gulf of Mexico that offers abundant natu-
ral beauty, cultural tradition, and plenty of sunshine. Sarasota offers residents
a superb quality of life leading to CNN/Money Magazine choosing Sarasota
as America’s Best Small City and one of the nation’s top eight Best Places to
Retire.
Sarasota’s clean air, sparkling beaches and sunny climate have made it world
famous as a center for the good life. A vibrant recreational and cultural scene
offers activities for every taste and budget. Sarasota offers big city amenities
with a small town way of living.
In 2008, Sarasota county’s Pine View School for the Gifted was named the sixth
best high school in the United States of America. According to the U. S. News
report, Pine View School students have a rating of 99.3 percent on the college
readiness index.
Building Development
A Top 20 Best Place to Live and Work (Employment Review), Sarasota is an
entrepreneur’s delight. Whether you’re already established in a local business,
about to begin your own enterprise, or planning to relocate your company
here, you’ll find Sarasota a community dedicated to making your business a
success. The region offers a growing and skilled workforce, a competitive busi-
ness environment, easy access to major markets and more.
Sarasota has a wealth of programs and activities to assist businesses, large and
small.
C A L K A I N R E A LT Y A D V I S O R S For more information contact:
David Sobelman Executive Vice President
a d ivis ion o f C al k ai n C o m p ani e s , I nc .
(813)282-6000
1 1 1 5 0 S U N S E T H I L L S RO A D, S U I T E 3 0 0 | R E S TO N , VA 2 0 1 9 0
dsobelman@calkain.com
5 0 0 N W E S T S H O R E B O U L E VA R D, S U I T E 6 0 5 | TA M PA , F L 3 3 6 0 9
The information herein is provided to us by sources deemed reliable , but no warranty or representation is made to its accuracy. Offering is subject to corrections and errors, omis-
sions, prior sale , change of price and/or terms or withdrawal from the market without notice .This information is for guidance only and does not constitute all or any par t of a contract.