93 Us Hwy 27th S Avon Park, FL 33825

This exceptional investment opportunity presents a 15,023-square-foot Walgreens located at 93 US Hwy 27 S, Avon Park, FL 33825. The property sits on a 1.54-acre lot and boasts a long-term, absolute NNN lease with Walgreens, commencing January 31, 2022, and expiring February 27, 2035, with 12 five-year renewal options. The current lease provides a strong net operating income (NOI) of $226,800, yielding a 7.00% cap rate on the $3,240,000 asking price. Rent increases of 5% every five years ensure consistent growth throughout the lease term. Built in 2002, this well-established location benefits from excellent visibility on a signalized corner with high daily traffic counts (44,036 VPD). The property's central Florida location offers easy access to a significant portion of the state's population (86% within a two-hour radius). The Avon Park Executive Airport is conveniently located nearby. This is a passive investment opportunity with no landlord responsibilities. All figures are estimates and should be verified during due diligence.