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Walgreens Absolute NNN Lease
For Sale
Contact for pricing
Pending

4510 U.S Hwy 19, New Port Richey, FL 34652

Well-established Walgreens location offered with a new 15-year absolute NNN lease corporately guaranteed by Walgreens.

Property SizeContact for details
Days on Market120

Property Features for 4510 U.S Hwy 19

General Information

Standard status Pending
Property subtype Retail

Site & Location

Traffic Count 64,332 vehicles/day
Highway Access Yes
Listing Agency: The Kase Group
Listed By: Jeff Bracco · License #CA 01336201
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 8 at 9:53AM

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 The Kase Group

Investment Insights

Based on property information with market context.

The Kase Group presents a well-established Walgreens location in New Port Richey, Florida, available for purchase. The property is offered with a new 15-year absolute NNN lease that is corporately guaranteed by Walgreens. The lease structure calls for zero landlord obligations, with 5% increases every five years. The agreement also includes twelve, five-year renewal options.

The site is positioned along a major commercial thoroughfare, with stated traffic counts of 64,332 vehicles per day along Highway 19, and is surrounded by multiple neighboring retailers including Denny’s, 7-Eleven, Sam’s Club, Bank of America, Taco Bell, Wendy’s, IHOP, Publix, T.J. Maxx, and Wawa.

The offering is located in New Port Richey, a residential community in western Pasco County, approximately 30 miles northwest of greater Tampa.

Key Highlights

  • Well‑established Walgreens location in New Port Richey, Florida
  • New 15‑year absolute NNN lease with corporate guarantee by Walgreens
  • Lease provides zero landlord obligations

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Cafe & Coffee Shop Accounting Firm Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

64,332 VPD
Traffic count
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,068
Businesses Nearby
254k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 48% Superstores 39% Dining 12%
Sam's Club Superstores
100,484 visits/mo 0.1 miles
Wawa Shops & Services
45,447 visits/mo 0.5 miles
Sam's Club Gas Station Shops & Services
31,902 visits/mo 0.0 miles
Dollar Tree Shops & Services
14,456 visits/mo 0.4 miles
7-Eleven Shops & Services
13,384 visits/mo 0.2 miles

Demographics for 34652, FL

26,697
Population
14,700
Households
1.8
Avg Household Size
51
Median Age
20%
College-Educated
88%
High-School Grad
8.6 sq mi
ZIP Area
3,104
Density / Sq Mi
$52,396
Median Household Income
$36,819
Median Earnings
$1,189
Median Rent
$198,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Well-established Walgreens location offered with a new 15-year absolute NNN lease corporately guaranteed by Walgreens.
Where is this nnn property located?
The property is located at 4510 U.S Hwy 19 New Port Richey, FL.
What are key features of this property?
This property features: Well‑established Walgreens location in New Port Richey, Florida; New 15‑year absolute NNN lease with corporate guarantee by Walgreens; Lease provides zero landlord obligations
(510) 388-4438 Call to check price and availability
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