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    6558 Lantana Rd Lake Worth, FL 33467

    For Sale
    $3,500,000

    Operating Walgreens drugstore with triple-net ground lease.

    Property size:
    14,629 SF
    Lot size:
    1.76 Acres

    Property Features for 6558 Lantana Rd

    General Information

    Size
    14,629 SF
    Lot size
    1.76 Acres

    Source: Atlantic Commercial Group, Inc Agent Gary M. Broidis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Free-Standing Walgreens in Lake Worth

    This offering features a free-standing Walgreens drugstore, which has been operating at its current location for over 20 years. The property encompasses 14,629 square feet. The lease is structured as a triple-net ground lease, assigning all responsibilities to the tenant.
    Insight Report Location Intelligence

    Current Use by Public Records

    Mrugesh Desai, RPH Pharmacy Donna Piltch, RPH Pharmacy Anthony M. Contento, ... Pharmacy FedEx OnSite Mailing Service Walgreens Pharmacy Pharmacy

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Mrugesh Desai, RPH, Anthony M. Contento, RPH, Walmart Pharmacy, Trevaughne Hylton, Good Neighbor Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Lake Worth
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.148863
    Latitude
    26.589127

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    FAQs

    What type of property is this?
    Drug store - Operating Walgreens drugstore with triple-net ground lease.
    Where is this drug store located?
    The property is located at 6558 Lantana Rd Lake Worth, FL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Free-standing Walgreens drugstore; - Operating at the same location for over 20 years; - Triple-net ground lease
    (561) 447-8610
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6558 Lantana Rd Lake Worth, FL 33467
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