WALGREENS

13317 N Boulevard, Tampa, FL 33612
$5,337,500

Cap Rate
8%
Gross SQFT
13,650
Year Built
2006
Leasable Area
13,650 SF
Term Remaining
±5.52 YRS
NOI
$427,000
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • STRATEGIC LOCATION – This property is just a few minutes from AdventHealth Tampa Hospital, which is currently the second largest hospital in Tampa, FL with 626 beds. There are currently 297,594 people living within a 5-mile radius of the property with a household income of $91,533.
  • CORPORATE GUARANTEE – The lease is corporately guaranteed by Walgreens with approximately 8,400 locations nationwide. Walgreens Boots Alliance, Inc (WBA: NASDAQ) was recently acquired by Sycamore Partners for ±$10 billion.
  • HIGH TRAFFIC – There are currently ±23,500 VPD on W Fletcher Ave and over ±100,000 VPD along I-275, which is just a few blocks away. The property has retailers such as McDonald’s, Circle K, and Winn Dixie all within walking  distance.
  • USF Proximity – Strategically positioned just minutes from the University of South Florida, which enrolls nearly 49,000 students, this commercial asset sits in a high-traffic corridor with built-in demand from the campus community. Surrounded by student housing developments and university-related infrastructure, the location supports a wide range of tenant types, from service retail to office or medical. Tampa’s sustained population and economic growth further enhance long-term investment upside and stability.

Broker of Record

  • Kyle Matthews
  • License No. CQ1066435 (FL)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203
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