Walgreens Ground Lease • Homestead, FL       

• Corporate Guaranty – investment grade credit!
• Low rent to replace!
• ¼ mile to FL Turnpike entrance/exit ramp!
• Corner location, optimum visibility and access!
• Located on pad to very high volume Publix!

Location:

3090 NE 43rd Ave
Homestead, FL 33033

Investment Highlights:
Price:	$2,916,500
Cap Rate:	6.00%
Annual Rent:	$175,000
Rent psf:	$12.65 sf
Rent Increases:	10% every 10 yrs.
GLA:	13,831 sf
Land Area:	1.36 acres
Lease Commencement:	1/15/2006
Lease Expiration:	1/31/2031
Lease Type:	NNN Ground Lease
Landlord Responsibilities:	None
Options:	Ten 5-Year
Lease Guaranty:	Walgreen Co.
Store Built:	2005

Store Photos: