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Walgreens NNN Property
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7270 University Parkway, Sarasota, FL 34240

Newly built commercial property with a Walgreens tenancy and Commercial zoning.

Property Size15,000 SF
Price / SF$697.80
Days on Market12

Property Features for 7270 University Parkway

General Information

Standard status Active
Size 15,000 SF
Total Parking Spaces 56
Property subtype Retail
Zoning Commercial
Occupancy 100%
Lease Type Absolute NNN
Investment Type Net Lease
Net Operating Income $628,000

Building Details

Year Built 2025
Buildings 1
Tenancy Single
Listing Agency: Berkeley Capital Advisors Charlotte
Listed By: Al Dickens · License #NC 317771
Source: Crexi
Added: Jul 30 Changed: Aug 4 Last Checked: Aug 8 at 6:08AM

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 Berkeley Capital Advisors Charlotte

Investment Insights

Based on property information with market context.

This Walgreens property comprises 15,000 square feet and was completed in 2025. The asset is classified as an NNN property and carries Commercial zoning, offering a defined retail-oriented investment profile without adding unsupported operational detail.

Located at 7270 University Parkway in Sarasota, Florida, the property provides a branded commercial setting along University Parkway. The Walgreens identity, recent construction, and NNN classification are the principal documented characteristics of the offering.

Key Highlights

  • Walgreens‑branded commercial property
  • 15,000 square feet of property size
  • Completed in 2025

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Electrical Service Kitchen & Bath Showroom Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby
956k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 46% Shops & Services 16% Dining 15% Groceries 7%
Macy's Apparel
123,733 visits/mo 0.4 miles
Dillard's Apparel
96,397 visits/mo 0.5 miles
Wawa Shops & Services
87,003 visits/mo 0.4 miles
Marshalls Apparel
65,115 visits/mo 0.5 miles
DICK'S Sporting Goods Apparel
62,537 visits/mo 0.4 miles

Demographics for 34240, FL

14,428
Population
7,570
Households
1.9
Avg Household Size
49
Median Age
52%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
217
Density / Sq Mi
$126,048
Median Household Income
$53,284
Median Earnings
$2,306
Median Rent
$622,100
Median Home Value

Market

Vacancy Rate% for Retail in Sarasota, FL

6.3% 2020
4.6% 2021
3% 2022
3.3% 2023
3.4% 2024
3.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built commercial property with a Walgreens tenancy and Commercial zoning.
Where is this nnn property located?
The property is located at 7270 University Parkway Sarasota, FL.
What is the asking price?
The asking price for this property is $10,467,000.
What are key features of this property?
This property features: Walgreens‑branded commercial property; 15,000 square feet of property size; Completed in 2025
More about this property
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