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Walgreens Net Lease Deals Selling Fast in Florida

TAMPA, FL-Calkain and Noble are both dealing in Walgreens. Find out what cities investors are targeting in the latest triple net trades.

By Jennifer LeClaire | Updated on September 04, 2012

TAMPA, FL-Florida Triple net property trades saw an uptick in August as Calkain Companies and Noble Properties both inked deals. Calkain brokered the sale of two investment properties—one along Florida’s West Coast and the other in the Tampa Bay area—while Noble closed on another Walgreens. Financial terms on the deals were not disclosed.

Both of the Calkain deals are subject to long term ground leases, one to Walgreens and the other to JP Morgan Chase. Each site was part of the re-development of a former Wells Fargo facility by the seller, a Florida-based private developer.

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