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CVS Absolute NNN Retail Property
For Sale
$5,479,167

327 NE US Highway 19, Crystal River, FL 34429

Freestanding pharmacy asset with an absolute NNN lease, tenant reinvestment, and a signalized commercial-corridor location.

Property Size1 SF
Lot Size1.79 Acres
Price / SF$5,479,167
Days on Market107

Property Features for 327 NE US Highway 19

General Information

Standard status Active
Size 1 SF
Lot size 1.79 Acres
Zoning CH

Site & Location

Corner Location Yes
Traffic Count 62,000 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: eXp Commercial
Listed By: Mercedes Martin · License #bk3257231
Source: Expcommercial
Added: May 16 Changed: Aug 29 Last Checked: Aug 30 at 12:58PM

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 eXp Commercial

Investment Insights

Based on property information with market context.

This freestanding CVS Pharmacy occupies an approximately 10, 908+ square foot retail building on approximately 1.79 acres. The absolute NNN lease structure places minimal landlord responsibilities on ownership, and CVS has exercised its first 5-year renewal option, extending the current term through January 2029. The tenant has also completed pharmacy expansion work, ADA accessibility improvements, pedestrian connectivity enhancements, and other site modernization efforts.

The property sits at the signalized hard corner of U.S. Highway 19 and State Road 44 in Crystal River, Florida. The intersection records approximately 62,000 vehicles per day and serves as a major retail and commuter route throughout Citrus County. The site is zoned CH and is positioned within a commercial corridor surrounded by national retailers and service providers.

Key Highlights

  • CVS lease extended through January 2029 following exercise of the first 5‑year renewal option
  • Absolute NNN lease structure with minimal landlord responsibilities
  • Approximately 10, 908+ square foot freestanding retail building on approximately 1.79 acres

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Pharmacy CDReload Instant Bitcoin Crypto Atm CDReload at CVS Crypto Atm Amerigas Propane Exchange Propane Supplier

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Garden Center Carpet & Flooring Store Big Box & Wholesale Store Storage Facility

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

62,000 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 69% Shops & Services 29% Electronics 2%
McDonald's Dining
29,141 visits/mo 0.5 miles
BP Shops & Services
11,606 visits/mo 0.4 miles
Fish House Dining
10,904 visits/mo 0.1 miles
SUBWAY Dining
7,220 visits/mo 0.4 miles
Chevron Shops & Services
3,950 visits/mo 0.1 miles

Demographics for 34429, FL

8,837
Population
5,458
Households
1.6
Avg Household Size
60
Median Age
25%
College-Educated
90%
High-School Grad
41.4 sq mi
ZIP Area
213
Density / Sq Mi
$57,716
Median Household Income
$36,577
Median Earnings
$1,070
Median Rent
$220,300
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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Frequently Asked Questions

What type of property is this?
NNN property - Freestanding pharmacy asset with an absolute NNN lease, tenant reinvestment, and a signalized commercial-corridor location.
Where is this nnn property located?
The property is located at 327 NE US Highway 19 Crystal River, FL.
What is the asking price?
The asking price for this property is $5,479,167.
What are key features of this property?
This property features: CVS lease extended through January 2029 following exercise of the first 5‑year renewal option; Absolute NNN lease structure with minimal landlord responsibilities; Approximately 10, 908+ square foot freestanding retail building on approximately 1.79 acres
More about this property
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