Walgreens Absolute NNN Retail
For Sale
Contact for pricing
Pending
2475 US-1, Mims, FL 32754
Drive-through retail asset leased on an absolute NNN basis with scheduled rent increases stated in the offering.
Property SizeContact for details
Days on Market144
Property Features for 2475 US-1
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: Aug 30
Last Checked: Aug 30 at 4:44PM
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 Walgreens property at 2475 US-1 in Mims, Florida, is offered with an absolute NNN lease structure that places landlord management and maintenance responsibilities with the tenant. The site includes a drive-through lane, supporting customer service from vehicles. The lease terms presented include 5% rent increases every 5 years and 12 five-year renewal options if exercised. Walgreen Co. is identified as the lease guarantor and operates as a subsidiary of Walgreens Boots Alliance, Inc.
The property fronts U.S. Highway 1 within Mims’ commercial core, where reported traffic counts are 17,249 VPD. Mims is positioned along Florida’s Space Coast, with Interstate 95 west of the community and Titusville to the south. The offering places the property 43 miles from Orlando and 43 miles from Daytona Beach, while the broader region includes aerospace activity, Port Canaveral, and coastal tourism destinations.
The property fronts U.S. Highway 1 within Mims’ commercial core, where reported traffic counts are 17,249 VPD. Mims is positioned along Florida’s Space Coast, with Interstate 95 west of the community and Titusville to the south. The offering places the property 43 miles from Orlando and 43 miles from Daytona Beach, while the broader region includes aerospace activity, Port Canaveral, and coastal tourism destinations.
Key Highlights
- Absolute NNN lease structure with no landlord management or maintenance responsibilities
- Walgreens retail location with a drive‑through lane
- 5% rent increases every 5 years during the original term and renewal options
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
198
Businesses Nearby
44k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 75%
Home Improvements & Furnishings 25%
Tractor Supply Co.
Home Improvements & Furnishings
11,083 visits/mo
0.3 miles
Raceway
Shops & Services
10,907 visits/mo
0.1 miles
Kangaroo Express
Shops & Services
5,546 visits/mo
0.1 miles
Dollar Tree
Shops & Services
5,118 visits/mo
0.2 miles
Dollar General
Shops & Services
4,294 visits/mo
0.1 miles
Demographics for 32754, FL
11,996
Population
5,657
Households
2.1
Avg Household Size
50
Median Age
20%
College-Educated
91%
High-School Grad
136.9 sq mi
ZIP Area
88
Density / Sq Mi
$69,960
Median Household Income
$41,758
Median Earnings
$1,004
Median Rent
$260,700
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 - Drive-through retail asset leased on an absolute NNN basis with scheduled rent increases stated in the offering.
Where is this nnn property located?
The property is located at 2475 US-1 Mims, FL.
What are key features of this property?
This property features: Absolute NNN lease structure with no landlord management or maintenance responsibilities; Walgreens retail location with a drive‑through lane; 5% rent increases every 5 years during the original term and renewal options
