Jensen Beach Walgreens Investment
4420 NW Federal Hwy Jensen Beach, FL
For Sale
Contact for pricing
Single-tenant Walgreens property in Jensen Beach, Florida for sale.
Property Size14,560 SF
Lot Size1.83 Acres
Price / SF$279.88
Days on Market464
Property Features for 4420 NW Federal Hwy
General Information
Standard status
Active
Size
14,560 SF
Lot size
1.83 Acres
Property subtype
RETAIL
Listing Agency:
SLC Commercial Realty & Development
(772) 528-6056
Listed By:
Jeffrey D. Chamberlin
(772) 528-6056
Source:
Moodyscre
Added: Apr 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:25AM
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 SLC Commercial Realty & Development
Investment Insights
Based on property information with market context.
This is an opportunity to acquire a single-tenant Walgreens investment property in Jensen Beach, Florida. The property features a building with approximately 14,560 square feet situated on a parcel of about 1.5 acres. The location offers high visibility at a signalized intersection along the region’s active retail corridor. The property benefits from strong daily traffic counts and a corporate-backed lease.
Key Highlights
- Absolute net leased Walgreens investment property.
- Located in the heart of Jensen Beach, Florida.
- High visibility location at a signalized intersection.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $393.1k | $27.00 |
| − Vacancy | −$10.6k | −$0.73 |
| EGI | $382.5k | $26.27 |
| − OpEx | −$114.8k | −$7.88 |
| NOI | $267.8k | $18.39 |
14,560 SF · lease $27.00/SF/yr · vacancy 2.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.83M
$3.35M – $4.46M
NOI $267,754 @ 7.0% cap · market cap 6.57%
Second Best
Specialty Retail
$2.79M
$2.44M – $3.25M
NOI $194,988 @ 7.0% cap · market cap 4.78%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Tatyana B. Wolfe, RPH — 4420 NW Federal Hwy, Port St. Lucie, FL 34952
- COVID-19 Drive-Thru Testing at Walgreens — 4420 NW Federal Hwy, Jensen Beach, FL 34957
- Jason Carlson — 4231 NW Federal Hwy, Jensen Beach, FL 349573600
- Carl Cathey — 4231 NW Federal Hwy, Jensen Beach, FL 349573600
- Norma Lugo-Perera — 4231 NW Federal Hwy, Jensen Beach, FL 349573600
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens property in Jensen Beach, Florida for sale.
Where is this drug store located?
The property is located at 4420 NW Federal Hwy Jensen Beach, FL.
What is the asking price?
The asking price for this property is $4,075,000.
What are key features of this property?
This property features: Absolute net leased Walgreens investment property.; Located in the heart of Jensen Beach, Florida.; High visibility location at a signalized intersection.
