Drug Store

Marathon, FL Drug Stores for Sale

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Key Colony Beach, FL Duck Key, FL Conch Key, FL Islamorada, FL No Name Key, FL Big Pine Key, FL
Walgreens NNN Investment Property
Updated: Nov 20, 2024
Walgreens NNN Investment Property

10870 Overseas Hwy, Marathon, FL 33050

Contact for pricing
16,904 sqft
Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.
Brand new 15‑year lease with Walgreens, Inc., with 4 (5‑year) options to extend, indicating long‑term commitment.
Located at a signalized, hard corner intersection with high traffic volume (31,000 VPD).
5% rental increases every 5 years throughout the initial term and option periods, hedging against inflation.
Affluent 1‑mile radius with an average household income of $133,248.
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Marathon, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Long-Term Walgreens Retail Space
Long-Term Walgreens Retail Space

2903 Stirling Rd, Hollywood, FL 33312

Contact for pricing
5,933 sqft

Very visible retail space with a long-term Walgreens tenant and owner-assisted build-out support.

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New CVS with Drive-Thru
New CVS with Drive-Thru

13199 SW 112th St, Miami, FL

Contact for pricing
15,007 sqft 1.05 AC lot

New construction CVS with a 25-year absolute NNN lease.

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Single-Tenant Walgreens Drugstore
Single-Tenant Walgreens Drugstore

8650 SW 132nd St, Miami, FL 33156

Contact for pricing

Walgreens property offered with a new 15-year absolute net lease and 5% rent increases every five years.

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Medical Marijuana Dispensary Building
Medical Marijuana Dispensary Building

2329 Pembroke Rd, Hollywood, FL 33020

Contact for pricing

Commercial building with approved Certificate of Use for a medical marijuana dispensary and 14 parking spaces.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land Zoned CG
Commercial Land Zoned CG

8625 PLACIDA ROAD, Placida, FL 33946

$1,600,000
3.18 AC lot

Commercial land zoned CG with public water and public sewer, plus cable available at 8625 Placida Road.

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Commercial Land with Public Utilities
Commercial Land with Public Utilities

FOUNTAINS W Boulevard, Ocoee, FL 34761

$675,000
3.38 AC lot

3.38-acre cleared commercial land in PUD-COMM zoning with public water and public sewer access off SR 429.

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Prime Commercial Land in Spring Hill
Prime Commercial Land in Spring Hill

County Line Road, Spring Hill, FL 34609

$1,400,000
2.10 AC lot

2.1 acre commercial land suitable for various development projects.

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Prime Development Site on CR-486
Prime Development Site on CR-486

161 W NORVELL BRYANT Hwy, Hernando, FL 34442

$649,000
1.98 AC lot

1.98 AC development site with highway frontage and high visibility.

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Marathon, FL Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Marathon, FL on our real estate platform. These investment opportunities span a total of 16,904 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 3
Auto shops 1
Automotive properties 1
Drug stores 1
Grocery and convenience stores 1

Demographics Overview

Population 11K
Population Growth (5Y) +12.2%
Median Household Income $83,776
College Educated 36.9%

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $8.45 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Retail

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