Triple-Net Walgreens with
14320 Spring Hill Dr Spring Hill, FL 34609
14320 Spring Hill Dr, Spring Hill, FL, 34609
Contact for pricing
For Sale
Contact for pricing
Pending
Long-term absolute NNN Walgreens lease is guaranteed by Walgreen Co. with a drive-through lane and scheduled 5% increases.
Days on Market104
Property Features for 14320 Spring Hill Dr
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 Updated: Jul 22 at 10:11PM Checked: Jul 22 at 10:11PM
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 pharmacy 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. Lease terms include 5% rent increases every five years during the original term, as well as 12 five-year renewal options if exercised.
The Walgreens is positioned across from Walmart Neighborhood Market and Publix, surrounded by a mix of national and local retail tenants including Target, 7-Eleven, Taco Bell, AutoZone, Burger King, Starbucks, Kohl’s, McDonald’s, Wendy’s, Subway, Advance Auto Parts, Zaxby’s, The UPS Store, SunTrust Bank, Pep Boys Auto, Dunkin’ Donuts, Circle-K, and T-Mobile. The property also features a critical drive-through lane.
The asset is located in Spring Hill as part of the Tampa Bay MSA, approximately 40 miles north of Tampa. Buyer due diligence is required to verify all estimates referenced in the offering materials.
The Walgreens is positioned across from Walmart Neighborhood Market and Publix, surrounded by a mix of national and local retail tenants including Target, 7-Eleven, Taco Bell, AutoZone, Burger King, Starbucks, Kohl’s, McDonald’s, Wendy’s, Subway, Advance Auto Parts, Zaxby’s, The UPS Store, SunTrust Bank, Pep Boys Auto, Dunkin’ Donuts, Circle-K, and T-Mobile. The property also features a critical drive-through lane.
The asset is located in Spring Hill as part of the Tampa Bay MSA, approximately 40 miles north of Tampa. Buyer due diligence is required to verify all estimates referenced in the offering materials.
Key Highlights
- Long‑term Absolute NNN Walgreens lease with no landlord management or maintenance responsibilities
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- Scheduled 5% rent increases every 5 years during the original term
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
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FAQs
What type of property is this?
Drug store - Long-term absolute NNN Walgreens lease is guaranteed by Walgreen Co. with a drive-through lane and scheduled 5% increases.
Where is this drug store located?
The property is located at 14320 Spring Hill Dr Spring Hill, FL.
What are key features of this property?
This property features: Long‑term Absolute NNN Walgreens lease with no landlord management or maintenance responsibilities; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; Scheduled 5% rent increases every 5 years during the original term
