Single-Tenant Walgreens with
115 N Lawrence Blvd Keystone Heights, FL 32656
For Sale
Contact for pricing
Pending
Long-term absolute NNN lease is guaranteed by Walgreen Co. and includes 5% rent increases every five years.
Days on Market104
Property Features for 115 N Lawrence Blvd
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Jul 23 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
The property is a long-term absolute NNN Walgreens lease, structured with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., and includes 5% rent increases every five years during the original term. The lease also features 12, five-year renewal options, if exercised.
A drive-through lane is a key feature of the operating setup. The address is 115 N Lawrence Blvd in Keystone Heights, Florida.
The offering is presented as an absolute NNN investment with lease terms intended to provide recurring increases rather than flat rent. Buyer is responsible for verification of all estimates during due diligence, including rentable area, lot size, guarantor, lease terms, building specifications, year built, and related financial and demographic information.
A drive-through lane is a key feature of the operating setup. The address is 115 N Lawrence Blvd in Keystone Heights, Florida.
The offering is presented as an absolute NNN investment with lease terms intended to provide recurring increases rather than flat rent. Buyer is responsible for verification of all estimates during due diligence, including rentable area, lot size, guarantor, lease terms, building specifications, year built, and related financial and demographic information.
Key Highlights
- Long‑term absolute NNN lease with no landlord management or maintenance responsibilities whatsoever
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every 5 years during the original term
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens Pharmacy
Pharmacy
Blue Rhino Propane ...
Propane Supplier
Redbox
Cinema
LibertyX Bitcoin ATM
Atm
Similar Off Market Nearby
- Aza Health — 100 Commercial Dr, Keystone Heights, FL 32656
- North Florida Pharmacy — 405 S Lawrence Blvd, Keystone Heights, FL 32656
- Carol M. Ruth, RPh — 100 Commercial Dr, Keystone Heights, FL 32656
- Walgreens Pharmacy — 115 N Lawrence Blvd, Keystone Heights, FL 32656
- Alyssa W. Sanford, RPH — 405 S Lawrence Blvd, Keystone Heights, FL 32656
FAQs
What type of property is this?
Drug store - Long-term absolute NNN lease is guaranteed by Walgreen Co. and includes 5% rent increases every five years.
Where is this drug store located?
The property is located at 115 N Lawrence Blvd Keystone Heights, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities whatsoever; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term
