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Sale Listings $1,500,000 - Commercial

CURRENT STATUS: UNDER CONTRACT

*Price + terms, along with all offers, are subject to approval of  Walgreen Co.’s Real Estate Committee*

OFFERING TERMS

Suggested Price*: $1,500,000 (±$106 psf)

Delivery: “As-Is”

Projected Vacant: August 2018 (Offered ‘Free & Clear’ of Leases or Debt)

Offers Evaluated as Received

INVESTMENT HIGHLIGHTS

Property:

  • Year Built: 1994
  • Size: 1.52 Acres / 14,156 SF + double drive-thru
  • Parking: ±49 Spaces
  • Signage: Pylon with manual reader board + Pylon + Building
  • Access: RI/RO on Magnolia; Extended Full on Magnolia
  • Zoning: B-2, City of Ocala
  • Pasco County Parcel #: 2918-012-000
  • Use Restriction: Pharmacy

Trade Area:

  • Nearby Businesses: CVS (2), BP, Publix, Longhorn, Ocala Ale House, Merrill Lynch, Bank of America, Regions & SunTrust
  • Nearby Medical Facilities:
    • Munroe Regional: 401 bed hospital with total revenue of $1.7B in ’16
    • Kindred Hospital: 31 bed hospital with total revenue of $37.1MM in ’16
    • Ocala Regional: 316 bed hospital with total revenue of $2.69B in ’16
    • The Lodge Health & Rehabilitation: 99 bed skilled care facility
  • Trade Area Bank Deposits: >$525M
Property Map

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