Drive-Through Walgreens Drug
17970 N Tamiami Trail North Fort Myers, FL 33903
17970 N Tamiami Trail, North Fort Myers, FL, 33903
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For Sale
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Pending
Long-term absolute NNN Walgreens lease with drive-through pickup window on an outparcel to a Publix-anchored center.
Days on Market102
Property Features for 17970 N Tamiami Trail
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Nashville
Listed by
Jason Hernandez · License #CA 01392646
Source
Crexi
Added: Apr 12 Updated: Jul 20 at 6:07PM Checked: Jul 21 at 9:49AM
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 drug store operating 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 also includes 5% rent increases every five years during the original term, along with 12 five-year renewal options if exercised.
The site is an outparcel to a Publix-anchored shopping center and includes a drive-through pick-up window for prescription and non-prescription drugs and other essential retail items. The leaseholder has maintained a reported 9-year operational history at this location.
This offering is presented as an absolute NNN investment with a major-credit pharmacy tenant and structured contractual rent escalations, supported by the stated lease terms.
The site is an outparcel to a Publix-anchored shopping center and includes a drive-through pick-up window for prescription and non-prescription drugs and other essential retail items. The leaseholder has maintained a reported 9-year operational history at this location.
This offering is presented as an absolute NNN investment with a major-credit pharmacy tenant and structured contractual rent escalations, supported by the stated lease terms.
Key Highlights
- Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
- Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
Drug stores
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- COVID-19 Drive-Thru Testing at Walgreens — 17970 N Tamiami Trl, North Fort Myers, FL 33903
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- Wayne Theiss — 17960 N Tamiami Trail, North Fort Myers, FL 339031412
- Walgreens Pharmacy — 17970 N Tamiami Trl, North Fort Myers, FL 33903
FAQs
What type of property is this?
Drug store - Long-term absolute NNN Walgreens lease with drive-through pickup window on an outparcel to a Publix-anchored center.
Where is this drug store located?
The property is located at 17970 N Tamiami Trail North Fort Myers, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term, plus 12 five‑year renewal options
