Drive-Through Walgreens Drug
For Sale
Contact for pricing
Pending
17970 N Tamiami Trail, North Fort Myers, FL 33903
Long-term absolute NNN Walgreens lease with drive-through pickup window on an outparcel to a Publix-anchored center.
Property SizeContact for details
Days on Market116
Property Features for 17970 N Tamiami Trail
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 12
Changed: Jul 20
Last Checked: Aug 4 at 1:07PM
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 Walgreens drug store operating under a long-term Absolute NNN lease structure with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. The lease also includes 5% rent increases every five years during the original term, along with 12 five-year renewal options if exercised.
The site is an outparcel to a Publix-anchored shopping center and includes a drive-through pick-up window for prescription and non-prescription drugs and other essential retail items. The leaseholder has maintained a reported 9-year operational history at this location.
This offering is presented as an absolute NNN investment with a major-credit pharmacy tenant and structured contractual rent escalations, supported by the stated lease terms.
The site is an outparcel to a Publix-anchored shopping center and includes a drive-through pick-up window for prescription and non-prescription drugs and other essential retail items. The leaseholder has maintained a reported 9-year operational history at this location.
This offering is presented as an absolute NNN investment with a major-credit pharmacy tenant and structured contractual rent escalations, supported by the stated lease terms.
Key Highlights
- Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
227
Businesses Nearby
95k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 43%
Shops & Services 40%
Dining 16%
Beauty & Spa 1%
Publix
Groceries
37,247 visits/mo
0.2 miles
Burger King
Dining
11,523 visits/mo
0.1 miles
Mobil
Shops & Services
9,870 visits/mo
0.1 miles
REBEL Convenience Store
Shops & Services
9,614 visits/mo
0.0 miles
Exxon
Shops & Services
9,133 visits/mo
0.0 miles
Demographics for 33903, FL
23,294
Population
15,400
Households
1.5
Avg Household Size
61
Median Age
24%
College-Educated
89%
High-School Grad
11.3 sq mi
ZIP Area
2,061
Density / Sq Mi
$56,317
Median Household Income
$32,452
Median Earnings
$1,152
Median Rent
$135,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- COVID-19 Drive-Thru Testing at Walgreens — 17970 N Tamiami Trl, North Fort Myers, FL 33903
- Millennium Physician Group Imaging Center — 3571 Del Prado Blvd N STE 2, Cape Coral, FL 33909
- Wayne Theiss — 17960 N Tamiami Trail, North Fort Myers, FL 339031412
- Walgreens Pharmacy — 17970 N Tamiami Trl, North Fort Myers, FL 33903
Frequently Asked Questions
What type of property is this?
Drug store - Long-term absolute NNN Walgreens lease with drive-through pickup window on an outparcel to a Publix-anchored center.
Where is this drug store located?
The property is located at 17970 N Tamiami Trail North Fort Myers, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
