Two-Story Walgreens Retail
For Sale
Contact for pricing
Pending
527 Duval St, Key West, FL 33040
Two-story Walgreens for sale with a new 13-year lease and two attached residential units totaling 1,083 square feet.
Property Size9,687 SF
Lot Size0.28 Acres
Days on Market148
Property Features for 527 Duval St
General Information
Standard status
Pending
Size
9,687 SF
Lot size
0.28 Acres
Property subtype
Retail
Additional Details
Multifamily Units
2
Building Details
Stories
2
Tenancy
Multi
Listing Agency:
CBRE - Atlanta
Listed By:
Brian Pfohl · License #GA 349355
(404) 504-7893
Source:
Crexi
Added: Apr 12
Changed: Aug 21
Last Checked: Sep 2 at 5:51PM
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 CBRE - Atlanta
Investment Insights
Based on property information with market context.
For sale: a 9,687-square-foot, two-story Walgreens building along with two available residential units totaling 1,083 square feet, situated on 0.28 acres at 527 Duval St in Key West, Florida.
Walgreens will execute a brand new 13-year lease at closing, featuring 5% rent increases every five years throughout the initial term and in each of the twelve 5-year renewal options.
The two multifamily units are offered as part of the same property and were previously leased at well below market rates, creating an additional residential component for future ownership.
Walgreens will execute a brand new 13-year lease at closing, featuring 5% rent increases every five years throughout the initial term and in each of the twelve 5-year renewal options.
The two multifamily units are offered as part of the same property and were previously leased at well below market rates, creating an additional residential component for future ownership.
Key Highlights
- Two‑story 9,687 SF Walgreens on 0.28 acres in Key West, FL
- New 13‑year Walgreens lease to be executed at closing with 5% rent increases every 5 years
- Lease includes twelve 5‑year renewal options with 5% rent increases in each renewal period
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,333
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33040, FL
35,958
Population
19,001
Households
1.9
Avg Household Size
44
Median Age
38%
College-Educated
92%
High-School Grad
17.7 sq mi
ZIP Area
2,032
Density / Sq Mi
$79,038
Median Household Income
$42,458
Median Earnings
$2,079
Median Rent
$766,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Similar Off Market Nearby
- CVS Pharmacy — 530 Truman Ave, Key West, FL 33040
- Sugar Apple Organic Cafe & Market — 917 Simonton St, Key West, FL 33040
- Walgreens Pharmacy — 527 Duval St, Key West, FL 33040
- Pasquale Corella — 527 Duval St, Key West, FL 330406552
- CBD GOLD LINE STORE @ Dion's Quik Mart — 1124 truman ave, key west, fl 33040
Frequently Asked Questions
What type of property is this?
Drug store - Two-story Walgreens for sale with a new 13-year lease and two attached residential units totaling 1,083 square feet.
Where is this drug store located?
The property is located at 527 Duval St Key West, FL.
What are key features of this property?
This property features: Two‑story 9,687 SF Walgreens on 0.28 acres in Key West, FL; New 13‑year Walgreens lease to be executed at closing with 5% rent increases every 5 years; Lease includes twelve 5‑year renewal options with 5% rent increases in each renewal period
