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Drive-Through Walgreens NNN Lease
For Sale
Contact for pricing
Pending

3299 N Woodland Blvd, Deland, FL 32720

Long-term absolute NNN lease with 5% rent increases every five years and a drive-through lane at a signalized hard corner.

Property SizeContact for details
Days on Market117

Property Features for 3299 N Woodland 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 21 Last Checked: Aug 4 at 5:05AM

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 leased on a long-term absolute NNN basis with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. Rent structure includes 5% increases every five years during the original term, with 12 additional five-year renewal options (if exercised).

The site is positioned on a signalized hard corner with frontage along North Woodland Boulevard (Hwy 17) and County Road 15. Combined average daily traffic is reported as 29,500. The property includes a drive-through lane designed to support vehicle service.

This offering is presented as a long-term, absolute NNN investment backed by the lease guaranty from Walgreen Co. Buyer should verify all estimates provided for rentable area, lot size, guarantor, lease terms, and building specifications during due diligence.

Key Highlights

  • Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
  • Lease guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
  • 5% rent increases every 5 years during the original term and up to 12 five‑year renewal options (if exercised)

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store FedEx OnSite Postal Service Walgreens Cosmetic Store Walgreens Pharmacy Pharmacy Helen A. Testa, RPh Pharmacy

Suggested Use

Top Pick Restaurant Building Supply Dental Office Law Firm Big Box & Wholesale Store Hair Salon

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

Location Intelligence

Trade Area within ½ mile

127
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 59% Groceries 41%
McDonald's Dining
19,358 visits/mo 0.1 miles
Winn-Dixie Groceries
13,474 visits/mo 0.3 miles

Demographics for 32720, FL

33,568
Population
13,962
Households
2.4
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
66.3 sq mi
ZIP Area
506
Density / Sq Mi
$67,512
Median Household Income
$39,159
Median Earnings
$1,177
Median Rent
$280,600
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 - Long-term absolute NNN lease with 5% rent increases every five years and a drive-through lane at a signalized hard corner.
Where is this nnn property located?
The property is located at 3299 N Woodland Blvd Deland, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Lease guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term and up to 12 five‑year renewal options (if exercised)
More about this property
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