Drive-Through Walgreens NNN
4029 S Suncoast Blvd Homosassa, FL 34446
4029 S Suncoast Blvd, Homosassa, FL, 34446
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For Sale
Contact for pricing
Pending
Long term absolute NNN Walgreens lease with drive-through lane and 5% rent increases every five years.
Days on Market101
Property Features for 4029 S Suncoast Blvd
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 21 at 5:03AM Checked: Jul 21 at 5:03AM
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 drive-through Walgreens retail facility operating under a long term Absolute NNN lease. The lease includes 5% rent increases every five years during the original term, along with 12, five-year renewal options (if exercised). The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., and the lease structure indicates no landlord management or maintenance responsibilities.
The site is located at a signalized hard corner at 4029 S Suncoast Blvd in Homosassa, FL, with frontage along S. Suncoast Boulevard (Highway 98) and W. Grover Cleveland Boulevard, with combined traffic counts of 41,100 VPD. The property sits across from Springs Plaza, a Publix-anchored shopping center with multiple established tenants in the surrounding area.
This offering presents a Walgreens-branded, absolute NNN investment structure with contractual rent escalations and renewal options, complemented by drive-through access at a high-traffic intersection.
The site is located at a signalized hard corner at 4029 S Suncoast Blvd in Homosassa, FL, with frontage along S. Suncoast Boulevard (Highway 98) and W. Grover Cleveland Boulevard, with combined traffic counts of 41,100 VPD. The property sits across from Springs Plaza, a Publix-anchored shopping center with multiple established tenants in the surrounding area.
This offering presents a Walgreens-branded, absolute NNN investment structure with contractual rent escalations and renewal options, complemented by drive-through access at a high-traffic intersection.
Key Highlights
- Long‑term absolute NNN Walgreens lease with no landlord management or maintenance responsibilities
- Lease guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
- Rent structure: 5% increases every 5 years during the original term, plus 12 five‑year renewal options if exercised
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Photo
(Bike/Boat/Book/etc) Store
Walgreens Pharmacy
Pharmacy
LibertyX Bitcoin ATM
Atm
Coinhub Bitcoin ATM ...
Atm
Redbox
Cinema
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FAQs
What type of property is this?
NNN property - Long term absolute NNN Walgreens lease with drive-through lane and 5% rent increases every five years.
Where is this nnn property located?
The property is located at 4029 S Suncoast Blvd Homosassa, 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 guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; Rent structure: 5% increases every 5 years during the original term, plus 12 five‑year renewal options if exercised
