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2821 W 25th, Sanford (Former Walgreens) 2821 W 25th St
14,550 SF of Retail Space Available in Sanford, FL 32771
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 14,550 SF | Sep 2033 | £6.79 /SF/PA £0.57 /SF/MO £73.04 /m²/PA £6.09 /m²/MO £98,728 /PA £8,227 /MO | Modified Gross |
1st Floor
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 2821 W 25th St , Sanford, FL 32771
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Drug Store | Parking Ratio | 4.4/1,000 SF |
| Gross Internal Area | 14,550 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Internal Area | 14,550 SF |
| Year Built | 2008 |
| Parking Ratio | 4.4/1,000 SF |
About the Property
PROPERTY OVERVIEW - Rent. $125,000/yr, Modified Gross (includes RET + CAM) - Master Lease Expiration. 9/30/33 - Building. ±14,550 SF + drive thru - Year Built. 2008 - Property. 1.66 AC - Parcel. 03-20-30-526-0000-0020 - Parking. ±64 spaces - Signage. Monument w/ electronic reader + building - Opportunity. Below market sublease opportunity - Zoning. PD; C-1 permitted uses - Frontage. ±278’ on W 25th - Access. Extended RI/RO on W 25th Street; Extended FI/FO on Casa Verde Blvd - Traffic. ±20,000 VPD on W 25th - Nearby Businesses. Walmart Neighborhood Market, Wawa & 7Eleven - Prohibited Uses. Pharmacy, grocery, bar, vet clinic or hospital, children’s party facility, day care, concept restaurant, second-hand or liquidation store, educational facility, health club, and church. SUB-LEASE TERMS SUGGESTED RENT* $125,000 (inclusive of RET; R&M, insurance, utilities separate) TERM 9/30/33 DELIVERY “As-Is” OFFERS EVALUATED AS RECEIVED *Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
- Corner Lot
- Pylon Sign
- Signage
- Signalised Intersection
- Air Conditioning
-
Power Broker Mark Hollenbeck -
Retail Net Real Estate, LLC
Presented by
2821 W 25th, Sanford (Former Walgreens) | 2821 W 25th St
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