Walgreens | Leasehold | 5% Increases

Highlights:

• Leasehold Interest Only - The land is not available for sale. Land lease terms are set forth in the following pages
• 5% Rent Increases every 5-years during the primary term of the Leasehold interest and 12, 5-year option periods
• Exceptional Retail Location situated less than 1/2 mile from Destin Beach on the city's main retail corridor
• $134,820 Average Household Income within a 1-mile radius that increases to $139,301 within a 5-mile radius

Description:

Leasehold Interest Only - The land is not available for sale. Land lease terms are set forth in the following pages

5% Rent Increases every 5-years during the primary term of the Leasehold interest and 12, 5-year option periods

Exceptional Retail Location situated less than 1/2 mile from Destin Beach on the city's main retail corridor

$134,820 Average Household Income within a 1-mile radius that increases to $139,301 within a 5-mile radius

Outstanding Visibility with frontage along US Highway 98, with average daily traffic counts of 51,102 VPD

Well-Established Retail Location with over 22 years of operational history



(1) Rentable Area, Lot Size, Guarantor, Lease Terms, Building Specifications, Year Built, and Demographics are estimates. Buyer is responsible for verifying during the Due Diligence process.



FL Broker of Record: Ryan Nee

License: BK3154667

Documents: