Top-rated tenant: Walgreens, a globally recognized pharmacy chain, carries an investment-grade credit rating of ‘BBB’ by Standard & Poor’s, reflecting strong financial stability.

Established brand: With over 9,000 locations nationwide, Walgreens is a cornerstone of the U.S. retail pharmacy industry.

Thriving Tampa MSA: Located in one of the top 20 metropolitan statistical areas in the U.S., with a population exceeding 3 million.

Dense population: More than 222,000 residents live within a 5-mile radius of the property, with an average household income of $82,924.

Population growth: The area has experienced steady population increases, with continued growth projected, driven by new housing developments and economic expansion.

Prime location: Located at 5 Patricia Ave, Dunedin, FL, this Walgreens benefits from excellent visibility and accessibility within a high-demand retail corridor just outside Tampa Bay.

High retail performance: Positioned in a retail market with a low vacancy rate of 3.1%, highlighting strong market demand.

Absolute NNN lease: Features a zero-landlord-responsibility lease, providing a hands-off investment experience.

Long-term stability: The lease, corporately guaranteed by Walgreens, runs through October 31, 2030, ensuring almost six years of secure rental income.

Lot size and building: Spanning 2.88 acres, the property includes a 14,820-square-foot building with ample parking for customers.

Investment stability: While there are no rental increases during the lease term, the corporately guaranteed structure offers dependable cash flow.

Resilient industry: As a provider of essential goods and services, Walgreens operates in a stable, recession-resistant sector.