For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings

5701 Gulfport BLVD S Saint Petersburg, FL 33707

View on Map
Loading data...
Loading data...
Loading data...
For Sale
$4,139,130

Single-tenant Walgreens with lease through 2061 in Gulfport, Florida.

Added:
Mar 16, 2026
Days on Market:
18
Last Refresh:
Mar 18 at 7:47 am

Property Features for 5701 Gulfport BLVD S

General Information

Standard status
Active

We can help!

Listing Contact
Cyril Bijaoui
Cyril Bijaoui

Listing agent Cyril Bijaoui License #BK3325796

Listing office Miami Beach

Listing date Mar 16, 2026

Source Corcoran

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 Miami Beach


Overview

Gulfport Walgreens with Long-Term Lease

This single-tenant, double-net (NN) Walgreens pharmacy is located at the signalized intersection of Gulfport Blvd S and 58th Street S in Gulfport, FL, with approximately 15,700–17,500 vehicles passing the location daily. The property serves as the community's anchor pharmacy for a trade area with a median age of 56.4 years within one mile. The lease extends through December 31, 2061, and was executed in December 2025. The property includes a drive-through pharmacy. Landlord responsibilities are limited to roof and structure only. Tenant covers taxes, insurance, utilities, HVAC, and all interior repairs. The next earliest termination option is December 31, 2035, providing a minimum 10-year guaranteed income stream from lease signing. The current net operating income (NOI) is $238,000 per year, with an automatic increase to $267,400 per year on January 1, 2036.
Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy FedEx OnSite Postal Service Walgreens Pharmacy Pharmacy COVID-19 Drive-Thru Testing ... Pharmacy

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • Walgreens Pharmacy 5701 Gulfport Blvd S, Gulfport, FL 33707
  • COVID-19 Drive-Thru Testing at Walgreens 5701 Gulfport Blvd S, Gulfport, FL 33707
  • Edgar Adams 5701 Gulfport Blvd S, Gulfport, FL 337074834
  • Anthony Traylor, RPH 5701 Gulfport Blvd S, Gulfport, FL 33707
  • Josie O Products 2608 53rd st s, gulfport, fl 33707

Location Insight

  • Map
  • Local Demand
City
Saint Petersburg
County
Pinellas
State
Florida
Longitude
-82.711292
Latitude
27.7486442

FAQs

What type of property is this?
Drug store - Single-tenant Walgreens with lease through 2061 in Gulfport, Florida.
Where is this drug store located?
The property is located at 5701 Gulfport BLVD S Saint Petersburg, FL.
What is the asking price?
The asking price for this property is $4,139,130.
What are key features of this property?
This property features: Long‑term lease with Walgreens through December 31, 2061, demonstrating a strong commitment.; Double‑Net (NN) lease structure limits landlord responsibilities to roof and structure only.; Scheduled NOI increase to $267,400/year on January 1, 2036, requiring no negotiation or capital expenditure.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message