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    Jensen Beach Walgreens Investment Opportunity Title is generated by Realmo AI

    4420 NW Federal Hwy, Jensen Beach, FL

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    Single-tenant Walgreens property in Jensen Beach, Florida for sale.

    Type:RETAIL
    Property size:
    14,560 SF
    Lot size:
    1.83 Acres
    Price / SF:
    $279/SF
    Added:
    Apr 21, 2025
    Days on Market:
    419
    Last Refresh:
    May 20 at 9:35 pm

    Property Features for 4420 NW Federal Hwy

    General Information

    Standard status
    Active
    Size
    14,560 SF
    Lot size
    1.83 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Jeffrey D. Chamberlin
    Jeffrey D. Chamberlin

    Listing agent Jeffrey D. Chamberlin License #BK435239

    Listing office SLC Commercial Realty & Development

    Listing date Apr 21, 2025

    Source Moodyscre

    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 SLC Commercial Realty & Development

    HighLights

    • Absolute net leased Walgreens investment property.
    • Located in the heart of Jensen Beach, Florida.
    • High visibility location at a signalized intersection.
    • Situated on a ±1.5‑acre parcel.
    • Benefits from strong daily traffic counts.
    • Corporate‑backed lease provides stability.

    Overview

    This is an opportunity to acquire a single-tenant Walgreens investment property in Jensen Beach, Florida. The property features a building with approximately 14,560 square feet situated on a parcel of about 1.5 acres. The location offers high visibility at a signalized intersection along the region’s active retail corridor. The property benefits from strong daily traffic counts and a corporate-backed lease.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $393.1k $27.00
    − Vacancy −$10.6k −$0.73
    EGI $382.5k $26.27
    − OpEx −$114.8k −$7.88
    NOI $267.8k $18.39
    14,560 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.83M
    $3.35M – $4.46M (±1% cap)
    NOI $267,754 @ 7.0% cap · market cap 6.57%
    Second Best
    Specialty Retail
    $2.79M
    $2.44M – $3.25M (±1% cap)
    NOI $194,988 @ 7.0% cap · market cap 4.78%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Walgreens Photo (Bike/Boat/Book/etc) Store Redbox Cinema Walgreens Pharmacy FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Lynette Hall, PharmD — 2650 NW Federal Hwy, Stuart, FL 34994
    • Fleet Feet Stuart — 2440 NW Federal Hwy, Stuart, FL 34994
    • Christina Mcconnell — TARGET PHARMACY, 2650 NW Federal Hwy T-0816, Stuart, FL 349949318
    • Gaia Dixon-Pollard — 2650 NW Federal Hwy, Stuart, FL 349949318
    • CVS Pharmacy — 2650 NW Federal Hwy, Stuart, FL 34994

    Location Insight

    • Map
    • Local Demand
    City
    Jensen Beach
    County
    Martin
    State
    Florida
    Longitude
    -80.2824
    Latitude
    27.2593

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    FAQs

    What type of property is this?
    Drug store - Single-tenant Walgreens property in Jensen Beach, Florida for sale.
    Where is this drug store located?
    The property is located at 4420 NW Federal Hwy Jensen Beach, FL.
    What is the asking price?
    The asking price for this property is $4,075,000.
    What are key features of this property?
    This property features: Absolute net leased Walgreens investment property.; Located in the heart of Jensen Beach, Florida.; High visibility location at a signalized intersection.
    (772) 528-6056 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jeffrey D. Chamberlin
    Jeffrey D. Chamberlin
    Real Estate License ID: BK435239
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