Drug Store

Saint Petersburg, FL Drug Stores for Sale

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Kenneth City, FL Tierra Verde, FL Gulfport, FL South Pasadena, FL Pinellas Park, FL Treasure Island, FL Redington Shores, FL Palmetto, FL
Retail Property with Corporate Guarantee
Updated: Mar 24
Retail Property with Corporate Guarantee

St Petersburg, FL 33710

Contact for pricing
15,042 sqft
Strong Corporate Guarantor: Walgreens guarantees the lease.
Walgreens is a leading national pharmacy retailer with over 8,500 locations.
Reliable and stable corporate‑backed lease.
Provides investors with a reliable investment.
Built in 1998.
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Gulfport Walgreens with Long-Term Lease
Updated: Mar 16
Gulfport Walgreens with Long-Term Lease

Saint Petersburg, FL 33707

$3,966,667
Long‑term lease with Walgreens through December 31, 2061, demonstrating a strong commitment.
Double‑Net (NN) lease structure limits landlord responsibilities to roof and structure only.
Scheduled NOI increase to $267,400/year on January 1, 2036, requiring no negotiation or capital expenditure.
Only Walgreens in Gulfport, serving as the community's anchor pharmacy.
Minimum 10‑year guaranteed income stream from lease signing, with the next earliest termination option on December 31, 2035.
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Saint Petersburg, 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.

Single-Tenant Drug Store
Single-Tenant Drug Store

8602 N Dale Mabry Hwy, Tampa, FL 33614

$3,300,000
5,024 sqft 1.27 AC lot

Corporate-guaranteed NNN tenancy extends through May 2031 with two five-year renewal options.

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Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

3917 N Nebraska Avenue, Tampa, FL 33603

$5,250,000
15,022 sqft 1.94 AC lot

Freestanding Walgreens building with covered drive-through, high ceilings, 67 parking spaces, and CG zoning at a lighted intersection.

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Gulfport Walgreens Investment Opportunity
Gulfport Walgreens Investment Opportunity

5701 Gulfport Blvd S, Gulfport, FL 33707

Contact for pricing
14,725 sqft

NN Walgreens with 35+ years remaining on the lease.

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Freestanding Walgreens Drug Store
Freestanding Walgreens Drug Store

1504 53rd Ave E, Bradenton, FL 34203

Contact for pricing
15,913 sqft 1.81 AC lot

An absolute NNN lease provides a corporate tenancy with no landlord responsibilities.

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Off-Market Properties in Saint Petersburg, FL

Consider similar Off-Market properties in Saint Petersburg, 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.

875 9Th Ave
Individual retail properties

875 9Th Ave, St. Petersburg, FL 33701

Estimated value:
No data
14,208 sqft 1.13 AC lot
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Saint Petersburg, FL Drug Stores Market Trends and Statistics

Explore 3 drug stores for sale in Saint Petersburg, FL on our real estate platform. These investment opportunities span a total of 15,042 square feet of properties for sale, with an estimated market value of $3,966,667.

Sale prices for pharmacies in Saint Petersburg, FL average $3,966,667 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 46
Shopping centers 22
Automotive properties 18
Auto shops 14
Grocery and convenience stores 7

Demographics Overview

Population 358K
Population Growth (5Y) +0.7%
Median Household Income $72,848
College Educated 29.5%

High-Yield Neighborhoods for Investment

Identify Saint Petersburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
33707 $4M

Taxes & Financing

Tax Rate (average for all types) 1.74%
Property Tax per SF $8.67 per SF
Tax Rate vs County Average 0.04 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pinellas County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

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

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Saint Petersburg fall within the 25,000 to 50,000 square foot range.

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