Absolute NNN Walgreens
For Sale
Contact for pricing
500 Howland Blvd, Deltona, FL 32738
A 14,820 SF Walgreens building on an absolute NNN lease with an extended term beginning November 2023.
Property Size14,820 SF
Days on Market120
Property Features for 500 Howland Blvd
General Information
Standard status
Active
Size
14,820 SF
Property subtype
Retail
Listing Agency:
The Kase Group
(510) 388-4438
Listed By:
Jeff Bracco · License #CA 01336201
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 22 at 1:41PM
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 The Kase Group
Investment Insights
Based on property information with market context.
The property is a 14,820-square-foot Walgreens building leased on an absolute NNN basis. The tenant’s lease was newly extended with a 15-year term starting November 2023 and includes twelve, five-year option periods with 5% increases every five years.
The site is positioned on a hard corner and is located near State Route 415.
From a leasing and financing standpoint, this is a single-tenant absolute NNN Walgreens asset with long-term contractual provisions through the initial term and related option periods.
The site is positioned on a hard corner and is located near State Route 415.
From a leasing and financing standpoint, this is a single-tenant absolute NNN Walgreens asset with long-term contractual provisions through the initial term and related option periods.
Key Highlights
- 14,820 SF Walgreens building leased on an absolute NNN basis.
- Tenant has a newly extended 15‑year lease term starting November 2023.
- Lease includes twelve 5‑year option periods with 5% increases every 5 years.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 59%
Home Improvements & Furnishings 23%
Electronics 11%
Shops & Services 7%
McDonald's
Dining
24,666 visits/mo
0.5 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,867 visits/mo
0.4 miles
Dunkin' Donuts
Dining
10,575 visits/mo
0.0 miles
GameStop
Electronics
4,622 visits/mo
0.5 miles
O'Reilly Auto Parts
Shops & Services
4,148 visits/mo
0.1 miles
Demographics for 32738, FL
47,284
Population
16,965
Households
2.8
Avg Household Size
40
Median Age
18%
College-Educated
91%
High-School Grad
25.8 sq mi
ZIP Area
1,833
Density / Sq Mi
$76,394
Median Household Income
$39,348
Median Earnings
$1,608
Median Rent
$257,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Walmart Pharmacy — 101 Howland Blvd, Deltona, FL 32738
- Alma Jimenez — 500 Howland Blvd, Deltona, FL 327389205
- Stacey Cabral — 101 Howland Blvd, Deltona, FL 327389200
- Walgreens Pharmacy — 500 Howland Blvd, Deltona, FL 32738
Frequently Asked Questions
What type of property is this?
Drug store - A 14,820 SF Walgreens building on an absolute NNN lease with an extended term beginning November 2023.
Where is this drug store located?
The property is located at 500 Howland Blvd Deltona, FL.
What are key features of this property?
This property features: 14,820 SF Walgreens building leased on an absolute NNN basis.; Tenant has a newly extended 15‑year lease term starting November 2023.; Lease includes twelve 5‑year option periods with 5% increases every 5 years.
