3299 N Woodland Blvd Deland, FL 32720

Listing agency Marcus & Millichap - Nashville

Listed by Jason Hernandez · License #CA 01392646

Source Crexi

Added: Apr 11 Updated: Jul 21 at 9:55PM Checked: Jul 21 at 9:55PM

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Investment Insights

Based on property information with market context.

The property is leased on a long-term absolute NNN basis with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc. Rent structure includes 5% increases every five years during the original term, with 12 additional five-year renewal options (if exercised).

The site is positioned on a signalized hard corner with frontage along North Woodland Boulevard (Hwy 17) and County Road 15. Combined average daily traffic is reported as 29,500. The property includes a drive-through lane designed to support vehicle service.

This offering is presented as a long-term, absolute NNN investment backed by the lease guaranty from Walgreen Co. Buyer should verify all estimates provided for rentable area, lot size, guarantor, lease terms, and building specifications during due diligence.

Key Highlights

• Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
• Lease guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
• 5% rent increases every 5 years during the original term and up to 12 five‑year renewal options (if exercised)

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FAQs

What type of property is this?

NNN property - Long-term absolute NNN lease with 5% rent increases every five years and a drive-through lane at a signalized hard corner.

Where is this nnn property located?

The property is located at 3299 N Woodland Blvd Deland, FL.

What are key features of this property?

This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Lease guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; 5% rent increases every 5 years during the original term and up to 12 five‑year renewal options (if exercised)