Drug Store

St 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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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in St Petersburg, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

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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St Petersburg, FL Drug Stores Market Trends and Statistics

Explore 2 drug stores for sale in St 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 St 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 30
Automotive properties 15
Auto shops 12
Shopping centers 12
Grocery and convenience stores 4

Demographics Overview

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

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New vs delisted commercial listings in Pinellas County

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