Description

Current Real Estate Advisors is offering a chance to purchase a standalone Walgreens in Tampa, FL. The property consists of a ±14,164 SF retail building on 1.58 acres at a busy, signalized intersection with over 38,500 vehicles passing daily. It’s directly across from Britton Plaza, a major 460,000+ SF shopping center.The asset features an Absolute NNN lease with around 12.5 years remaining, requiring no landlord involvement. Rent increases by 5% every five years, with 12 additional 5-year renewal options, reflecting the tenant’s long-term dedication to the site. Walgreens has successfully operated here for over 20 years and recently renewed the lease for another 15 years.