Drug Store

Destin, FL Drug Stores for Sale

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Drug Store Ground Lease with Drive-Through
Updated: Apr 11
Drug Store Ground Lease with Drive-Through

977 US-98, Destin, FL 32541

Contact for pricing
Absolute NNN leasehold: 12 years remaining and the tenant operates under an absolute NNN structure.
Lease features 5% rent increases every 5 years during the original term and renewal options (if exercised).
Includes a critical drive‑through lane to support customer service in vehicles.
Ground lease applies to the leasehold interest; details referenced in the Offering Highlights.
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Destin, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Absolutely NNN-Leased Drugstore Building
Absolutely NNN-Leased Drugstore Building

9151 MOFFETT RD, Semmes, AL 36575

Contact for pricing
10,260 sqft 1.38 AC lot

Built in 1999, the retail building is offered fee simple and 100% leased to CVS Health under an absolute NNN structure.

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Corner Shopping Center with Drive-Through
Corner Shopping Center with Drive-Through

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.51 AC lot

Commercially zoned retail center with pharmacy space, small shops, and a drive-through end cap.

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Strip Mall with Walgreens Pharmacy
Strip Mall with Walgreens Pharmacy

2912 Dauphin Island Parkway, Mobile, AL 36605

$1,465,000
2.85 AC lot

Strip mall zoning B3 with an anchor space plus small shops, including a Walgreens pharmacy.

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Drug Store Property
Drug Store Property

9179 Moffett Rd, Semmes, AL 36575

Contact for pricing

Located on Moffett Road in Semmes, Alabama.

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Off-Market Properties in Destin, FL

Consider similar Off-Market properties in Destin, FL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

34909 Emerald Coast Pkwy
DRUG STORE, PHARMACY

34909 Emerald Coast Pkwy, Destin, FL 32541-3446

$10,305,000
Estimated value
17,220 sqft 1.85 AC lot
View details
977 Hwy 98th E
DRUG STORE, PHARMACY

977 Hwy 98th E, Destin, FL 32541-2801

$3,410,000
Estimated value
16,723 sqft 2.41 AC lot
View details
797 Hbr Blvd
DRUG STORE, PHARMACY

797 Hbr Blvd, Destin, FL 32541-2522

$2,890,000
Estimated value
16,076 sqft 1.35 AC lot
View details

Destin, FL Drug Stores Market Trends and Statistics

Explore 4 drug stores for sale in Destin, FL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 13
Storefront properties 7
Showrooms 2
Drug stores 1

Demographics Overview

Population 27K
Population Growth (5Y) -2.5%
Median Household Income $94,001
College Educated 46.2%

Taxes & Financing

Tax Rate (average for all types) 1.08%
Property Tax per SF $12.52 per SF
Tax Rate vs County Average 0.16 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Okaloosa County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Okaloosa County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Destin fall within the 100,000+ square foot range.

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