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Retail Drug Store with Drive-Through
For Sale
Contact for pricing
Pending

2295 E Bay Dr, Largo, FL 33771

Signalized hard-corner retail location with drive-through lane and Absolute NNN lease guaranteed by Walgreen Co.

Property SizeContact for details
Days on Market117

Property Features for 2295 E Bay Dr

General Information

Standard status Pending
Property subtype Retail

Additional Details

Traffic Count 89,409 vehicles/day
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 6:38AM

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 operates 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 includes 5% rent increases every five years during the original term, plus 12 five-year renewal options if exercised.

The site is a signalized hard corner with frontage along E. Bay Drive (SR 686) and Starkey Road. Traffic counts cited in the materials are 59,666 VPD on E. Bay Drive and 29,743 VPD on Starkey Road, with visibility in both directions and ingress/egress described from Starkey and E. Bay Drive.

The tenant premises are configured for drive-through operations, with a critical drive-through lane identified as part of the retail setup.

Key Highlights

  • Long‑term absolute NNN lease with no landlord management or maintenance responsibilities, with lease guaranteed by Walgreen Co.
  • Lease includes 5% rent increases every 5 years during the original term and 12 additional five‑year renewal options.
  • Signalized hard‑corner retail frontage on E. Bay Drive (SR 686) and Starkey Road with traffic counts of 59,666 VPD and 29,743 VPD.

Property Analytics

Current Use

Julie K. Tenpas, ... Pharmacy Angela R. Chalmers, ... Pharmacy Redbox Cinema Walgreens Cosmetic Store Walgreens Pharmacy Pharmacy

Suggested Use

Top Pick Law Firm Food Market Grocery & Convenience Store Daycare Center Hair Salon Cafe & Coffee Shop

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

89,409 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

840
Businesses Nearby
Balanced
Demand for This Use

Demographics for 33771, FL

29,766
Population
16,898
Households
1.8
Avg Household Size
54
Median Age
25%
College-Educated
90%
High-School Grad
6.0 sq mi
ZIP Area
4,961
Density / Sq Mi
$60,139
Median Household Income
$40,417
Median Earnings
$1,379
Median Rent
$145,600
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
Rey
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Similar Off Market Nearby

  • Angela R. Chalmers, RPH 2295 E Bay Dr, Largo, FL 33771
  • Walgreens Pharmacy 2295 E Bay Dr, Largo, FL 33771
  • The Medicine Shoppe of Largo 1555 E Bay Dr K, Largo, FL 33771
  • COVID-19 Drive-Thru Testing at Walgreens 2295 E Bay Dr, Largo, FL 33771
  • Good Life Nutrition 1200 Starkey Rd, Largo, FL 33771

Frequently Asked Questions

What type of property is this?
Drug store - Signalized hard-corner retail location with drive-through lane and Absolute NNN lease guaranteed by Walgreen Co.
Where is this drug store located?
The property is located at 2295 E Bay Dr Largo, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities, with lease guaranteed by Walgreen Co.; Lease includes 5% rent increases every 5 years during the original term and 12 additional five‑year renewal options.; Signalized hard‑corner retail frontage on E. Bay Drive (SR 686) and Starkey Road with traffic counts of 59,666 VPD and 29,743 VPD.
More about this property
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