Walgreens Property For
4920 SE Abshier Blvd, Belleview, FL 34420
NN property with lease extended to 2038.
Type:Retail
Property size:
15,120 SFPrice / SF:
$206/SF- Added:
- Mar 4, 2026
- Days on Market:
- 71
- Last Refresh:
- Mar 16 at 2:29 pm
Property Features for 4920 SE Abshier Blvd
General Information
- Standard status
- Active
- Size
- 15,120 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1998
Listing agent Jason Pongsrikul License #CA 01918332
Listing office Pharma Property Group
Listing date Mar 4, 2026
Source Crexi
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 Pharma Property Group
HighLights
- Walgreens lease extended to August 31, 2038, with termination options waived in 2025
- Double‑net (NN) lease structure with minimal landlord responsibilities
- Located in an area with significant residential development: 1,900+ homes planned or underway within three miles
- Strong population growth averaging ~4.5% per year since 2020, outpacing Ocala
- Proximity to The Villages, a growing retirement community, increasing regional housing and retail activity
- Walgreens ranks as the 3rd most‑visited national drugstore chain within a 10‑mile radius, with 316,000 annual visits
Overview
The Walgreens property, located at 4920 SE Abshier Blvd, Belleview, FL 34420, is available for sale. The lease is structured as a double-net (NN) with minimal landlord responsibilities. In 2025, Walgreens waived its 2028 and 2033 termination options, extending the lease expiration to August 31, 2038. Walgreens is currently paying $16.02 per square foot, which aligns with market retail rents of $16–18 per square foot. The property is situated in an area with over 1,900 homes planned or under construction within a three-mile radius. Population growth has averaged approximately 4.5% per year since 2020, outpacing Ocala. The location is near The Villages, which is expanding and increasing regional housing and retail activity. A $71 million mixed-use project is proposed 2.5 miles southeast of the property. The plan includes a big-box retailer, a gas station, and 22,500 square feet of retail and restaurant space, with an estimated 400 jobs tied to the project. Walgreens operates until midnight, increasing late-hour traffic and supporting its ranking as the 3rd most-visited national drugstore chain within a 10-mile radius, with 316,000 annual visits per Placer.ai. The property size is 15,120 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Walgreens
Pharmacy
FedEx OnSite
Postal Service
Walgreens Pharmacy
Pharmacy
LibertyX Bitcoin ATM
Atm
Western Union
Bank
Similar Places Nearby
- CVS Pharmacy — 5800 SE Abshier Blvd, Belleview, FL 34420
- CBD Oil & Pure CBD Oil - Pure CBD Selection, Inc. FL14 — 1728 jeffrey RD NE Rio rancho nm 87144-6204 5053 SE Abshier Blvd rio rancho 87144, Belleview, FL 344
- Sunshine Drugs-Belleview — 5909 SE Abshier Blvd, Belleview, FL 34420
- COVID-19 Drive-Thru Testing at Walgreens — 4920 SE Abshier Blvd, Belleview, FL 34420
- Walgreens Pharmacy — 4920 SE Abshier Blvd, Belleview, FL 34420
Location Insight
- Map
- Local Demand
- City
- Belleview
- County
- Marion
- State
- Florida
- Longitude
- -82.0670317
- Latitude
- 29.0620094
Nearby Similar for Sale
FAQs
What type of property is this?
Drug store - NN property with lease extended to 2038.
Where is this drug store located?
The property is located at 4920 SE Abshier Blvd Belleview, FL.
What is the asking price?
The asking price for this property is $3,125,678.
What are key features of this property?
This property features: Walgreens lease extended to August 31, 2038, with termination options waived in 2025; Double‑net (NN) lease structure with minimal landlord responsibilities; Located in an area with significant residential development: 1,900+ homes planned or underway within three miles
