Freestanding Drugstore with
For Sale
Contact for pricing
Pending
9220 Little Rd, New Port Richey, FL 34654
Long term absolute NNN lease with drive-through lane, guaranteed by Walgreen Co., with 5-year rent escalations.
Property SizeContact for details
Days on Market117
Property Features for 9220 Little Rd
General Information
Standard status
Pending
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 11
Changed: Jul 23
Last Checked: Aug 4 at 8:21AM
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 freestanding Walgreens drugstore operating under a long term Absolute NNN Lease with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., and includes 5% rent increases every five years during the original term. The lease also provides 12, five-year renewal options, if exercised.
The site features a critical drive-through lane, designed to support customer service in vehicles. It is located on Little Road in New Port Richey, positioned across from a Winn-Dixie anchored shopping center that also includes tenants such as Bank of America, McDonald’s, Family Dollar, Planet Fitness, Metro PCS, Cricket Wireless, Great Rooms, and Pet Supplies Plus.
A variety of national retailers are present along the Little Road corridor in the immediate area, including Walmart, Home Depot, Kohl’s, Hobby Lobby, Dollar General, Publix, Truist Bank, 7-Eleven, Mobil, H&R Block, Rent-a-Center, and others.
The site features a critical drive-through lane, designed to support customer service in vehicles. It is located on Little Road in New Port Richey, positioned across from a Winn-Dixie anchored shopping center that also includes tenants such as Bank of America, McDonald’s, Family Dollar, Planet Fitness, Metro PCS, Cricket Wireless, Great Rooms, and Pet Supplies Plus.
A variety of national retailers are present along the Little Road corridor in the immediate area, including Walmart, Home Depot, Kohl’s, Hobby Lobby, Dollar General, Publix, Truist Bank, 7-Eleven, Mobil, H&R Block, Rent-a-Center, and others.
Key Highlights
- Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
- Guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- Rent structure includes 5% rent increases every 5 years during the original term
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
111k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 35%
Groceries 21%
Electronics 1%
McDonald's
Dining
31,180 visits/mo
0.2 miles
Winn-Dixie
Groceries
23,521 visits/mo
0.3 miles
7-Eleven
Shops & Services
12,191 visits/mo
0.1 miles
Bank of America
Shops & Services
7,485 visits/mo
0.2 miles
Pet Supplies Plus
Shops & Services
7,362 visits/mo
0.2 miles
Demographics for 34654, FL
23,508
Population
10,372
Households
2.3
Avg Household Size
48
Median Age
22%
College-Educated
88%
High-School Grad
25.3 sq mi
ZIP Area
929
Density / Sq Mi
$64,210
Median Household Income
$41,221
Median Earnings
$1,449
Median Rent
$257,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Long term absolute NNN lease with drive-through lane, guaranteed by Walgreen Co., with 5-year rent escalations.
Where is this nnn property located?
The property is located at 9220 Little Rd New Port Richey, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; Rent structure includes 5% rent increases every 5 years during the original term
