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NNN Retail Property with Drive-Through
For Sale
Contact for pricing
Pending

4400 S Hwy 27, Clermont, FL 34711

Walgreens occupies the property under an absolute NNN lease with scheduled contractual increases and co-located primary care services.

Property SizeContact for details
Days on Market144

Property Features for 4400 S Hwy 27

General Information

Standard status Pending
Property subtype Retail

Additional Details

Drive-Thru Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Nashville
Listed By: Jason Hernandez · License #CA 01392646
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 3:09PM

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 leased to Walgreens under an absolute NNN structure, placing management and maintenance responsibilities with the tenant. The lease includes 5% rent increases every five years during the original term and provides 12 five-year renewal options if exercised. Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., guarantees the lease; the parent company itself is not the lease guarantor.

A drive-through lane serves the store, and the site includes a Village Medical primary care clinic. The property is located at 4400 S Hwy 27 in Clermont, Florida, across from Kingsridge, a Publix-anchored shopping center with Starbucks, Circle K, Truist Bank, McDonald’s, Marco’s Pizza, Subway, The UPS Store, Hair Cuttery, and local retailers.

Key Highlights

  • Absolute NNN lease with no landlord management or maintenance responsibilities
  • 5% rent increases every 5 years during the original term
  • 12 five‑year renewal options if exercised

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store Dental Office

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

327
Businesses Nearby

Demographics for 34711, FL

67,980
Population
28,127
Households
2.4
Avg Household Size
45
Median Age
36%
College-Educated
95%
High-School Grad
39.2 sq mi
ZIP Area
1,734
Density / Sq Mi
$88,474
Median Household Income
$46,456
Median Earnings
$1,817
Median Rent
$369,900
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
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Frequently Asked Questions

What type of property is this?
NNN property - Walgreens occupies the property under an absolute NNN lease with scheduled contractual increases and co-located primary care services.
Where is this nnn property located?
The property is located at 4400 S Hwy 27 Clermont, FL.
What are key features of this property?
This property features: Absolute NNN lease with no landlord management or maintenance responsibilities; 5% rent increases every 5 years during the original term; 12 five‑year renewal options if exercised
More about this property
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