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Walgreens | Fort Lauderdale / Miami , Florida | SOLD 5 CAP | Ted Dowding

Name: Walgreens | Fort Lauderdale / Miami , Florida | SOLD 5 CAP | Ted Dowding
Uploaded: 2016-06-30T18:58:42+00:00
Duration: 2 min 28 s
Channel: Ted Dowding
Description: The video presents a promotional overview of a Walgreens retail property located in Cooper City, Florida, positioned between Miami and Fort Lauderdale…

30 Jun 2016 · 2 min

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2:28

The video presents a promotional overview of a Walgreens retail property located in Cooper City, Florida, positioned between Miami and Fort Lauderdale. It highlights the 15,120‑sq‑ft building situated on a 2.58‑acre corner lot with a drive‑through pharmacy and ample parking. The narration emphasizes strong visibility at a signalized corner, easy access from Sterling Road and North Hiatus Road, and proximity to I‑75, the Florida Turnpike, Fort Lauderdale International Airport, Hollywood Beach, and Port Everglades. Demographic data are provided: 2016 median household income of $127,433 and median age of 43.9 within a 1‑mile radius; a 5‑mile radius population of 311,528 in 2016, projected to reach 334,551 by 2021. The property is surrounded by national retailers (Bank of America, McDonald’s, Walmart, etc.) and recorded $7.5 M+ in 2015 store sales. Walgreens has committed to a 12‑year firm‑term lease extension through July 2028, underscoring long‑term stability. The speaker, Ted Dowding, Senior Vice President of Equity, invites interested parties to contact him or visit www.equity.net for further details.

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Well located in Southeast Florida between Miami and Fort Lauderdale in Cooper City, Florida, this property is in excellent condition with ample parking, and the store benefits from its strong hand corner signalized location. 15,120 square foot building on a rare large 2.58-acre parcel of land. Drive-through pharmacy with easy access from two highway traffic roads, Sterling Road and North Hiatus Road. Dense infill growing location surrounded by high-end neighborhood communities. Phenomenal demographics, ideal location for a pharmacy. 2016 average household income was $127,433 in a 1-mile radius. Median age is 43.9 years old in a 1-mile radius. Affluent local community. Rapidly growing population. 2016 population: 311,528 in a 5-mile radius. By 2021, projected population of 334,551 in a 5-mile radius. Close proximity to major freeway I-75 and the Florida Turnpike. Nearby the Fort Lauderdale International Airport, Hollywood Beach, and the Port Everglades. Strong performing Walgreens location. 2015, $7.5 million plus in total store sales. A top-tier store surrounded by national retailers including Bank of America, McDonald's, Wendy's, KFC, The Melting Pot, Tires Plus, Walmart, and many more. Walgreens recently showed their long-term commitment to this location with a new 12-year firm-term lease extension through July 2028. Walgreens is the nation's largest drugstore chain with 8,000+ locations. Part of the Miami-Fort Lauderdale Metropolitan Statistical Area, home to more than 5.5 million people. For more information, call Ted Dowding, Senior Vice President, or visit us at www.equity.net.