Walgreens Absolute NNN Lease 1920 Aloma Ave

The Kase Group is pleased to present the opportunity to purchase a top
performing Walgreens location in Winter Park, Florida with a new 15 Year
absolute NNN lease. The recently extended lease calls for zero landlord
obligations and is corporately guaranteed by Walgreens. There are 5%
increases every 5 years throughout the initial term and in each option with
twelve 5-year renewal options. The building sits on a generous 2.11 acre lot
outparcel to Advent Winter Park Hospital, a state-of-the-art, 422 bed medical
facility which boasts recognition as one of the top 100 hospitals within the
nation and additionally surrounded by various multiple healthcare facilities.
The site is strategically located on a hard corner along the highly-traveled
Aloma Avenue retail corridor, with exposure to 66,000 vehicles per day and
sits adjacent to Winter Park Corners Shopping Mall, anchored by Sprouts
Farmers Market which attracts over 1 million patrons annually. The store
further benefits from its location with 1 mile radius demographics of 10,000
residents with a $186,000 average household income.