Walgreens

1920 Aloma Ave, Winter Park, FL 32792

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. Winter Park is a city in Orange County, Florida, United States. The population was 29,795 according to the 2020 census. It is part of the Orlando-Kissimmee-Sanford, Florida Metropolitan Statistical Area. Winter Park was founded as a resort community by northern business magnates in the late 19th and early 20th centuries. Its main street, called Park Avenue, is located in the middle of town. It includes civic buildings, retail, art galleries, a private liberal arts college (Rollins College), museums, a park, a train station, a golf course country club, a historic cemetery, and a beach and boat launch.

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