Drug Store

Pensacola, FL Drug Stores for Sale

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Single-Tenant Walgreens Retail
Updated: Apr 11
Single-Tenant Walgreens Retail

6314 N 9th Ave, Pensacola, FL 32504

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Single‑tenant Walgreens at 6314 North 9th Avenue, Pensacola, FL 32504
Walgreens occupied the site for 23 years and has signed a new 15‑year absolute‑net lease
Lease features rare 5% rental increases every five years
Reported store sales: $7.8M (RX excluded)
Located at the intersection of 9th Avenue, Langley Avenue, and Tippin Avenue
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Pensacola Walgreens Investment Opportunity
Updated: Oct 17, 2024
Pensacola Walgreens Investment Opportunity

700 N Pace Blvd, Pensacola, FL 32505

Contact for pricing
14,141 sqft 1.95 AC lot
Corporate Walgreens tenant with a net worth of $139.1 billion provides investment security.
6.5% Cap Rate** and $255,000 Net Operating Income (NOI).
NNN lease type offers a hassle‑free, passive investment.
Just under 4 years remaining on the original 24‑year lease with ten 5‑year options for long‑term stability.
14,141 SF building on 1.95 acres with 72 parking spaces.
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Pensacola, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

CVS Pharmacy Building
CVS Pharmacy Building

8361 North Century Boulevard, Century, FL 32535

Contact for pricing
9,212 sqft

Established pharmacy property with a documented 10-year lease extension and percentage-rent structure.

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CVS Pharmacy Drug Store
CVS Pharmacy Drug Store

434 Racetrack Rd NE, Fort Walton Beach, FL 32547

Contact for pricing
13,949 sqft

Single-tenant CVS pharmacy property combining prescription services and everyday convenience retail along a high-traffic thoroughfare.

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Midtown Mobile Retail/Office Opportunity
Midtown Mobile Retail/Office Opportunity

150 S Ann St, Mobile, AL 36604

Contact for pricing
11,000 sqft 1.38 AC lot

Former Rite Aid on high-traffic corner, suitable for retail/office.

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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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Off-Market Properties in Pensacola, FL

Consider similar Off-Market properties in Pensacola, 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.

2122 Nine Mile Rd
Individual retail properties

2122 Nine Mile Rd, Pensacola, FL 32534

Value Estimation by Request
3,963 sqft 0.89 AC lot
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Pensacola, FL Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Pensacola, FL on our real estate platform. These investment opportunities span a total of 14,141 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 68
Storefront properties 33
Automotive properties 23
Grocery and convenience stores 16
Showrooms 13

Demographics Overview

Population 274K
Population Growth (5Y) +3.5%
Median Household Income $63,536
College Educated 20.4%

Taxes & Financing

Tax Rate (average for all types) 1.37%
Property Tax per SF $27.59 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Escambia County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

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

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