Walgreens NNN Retail
For Sale
Contact for pricing
Pending
7305 Spring Hill Dr, Spring Hill, FL 34606
Freestanding pharmacy with a drive-thru and long-term absolute NNN lease structure.
Property SizeContact for details
Days on Market130
Property Features for 7305 Spring Hill Dr
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
23,200 vehicles/day
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Parker Walter · License #CA 02005574
Source:
Crexi
Added: Apr 24
Changed: Aug 30
Last Checked: Aug 30 at 2:58AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property is a freestanding Walgreens pharmacy at 7305 Spring Hill Dr in Spring Hill, Florida. Improvements include a drive-thru pharmacy, and the lease is structured as absolute NNN with no landlord responsibilities. The initial lease term has 8+ years remaining, followed by 6 five-year extension options. Contractual rent increases are set at 5% every 5 years during the initial term and at the start of each option period.
The site occupies the signalized corner of Spring Hill Dr and Pinehurst Drive, where traffic averages more than 23,200 vehicles daily. It is adjacent to a neighborhood shopping center anchored by Save A Lot, with Family Dollar, Dog Gone Healthy, and other co-tenants. Nearby national and credit retailers include Walmart Supercenter, Ross Dress for Less, Big Lots, McDonald’s, 7-Eleven, and Dollar General. Glen Oaks, with 65 units, and Hammock Ridge, with 104 units, are among the nearby apartment communities. The 5-mile trade area includes more than 89,000 residents and 18,300 daytime employees.
The site occupies the signalized corner of Spring Hill Dr and Pinehurst Drive, where traffic averages more than 23,200 vehicles daily. It is adjacent to a neighborhood shopping center anchored by Save A Lot, with Family Dollar, Dog Gone Healthy, and other co-tenants. Nearby national and credit retailers include Walmart Supercenter, Ross Dress for Less, Big Lots, McDonald’s, 7-Eleven, and Dollar General. Glen Oaks, with 65 units, and Hammock Ridge, with 104 units, are among the nearby apartment communities. The 5-mile trade area includes more than 89,000 residents and 18,300 daytime employees.
Key Highlights
- Walgreens pharmacy with drive‑thru service
- Absolute NNN lease with 8+ years remaining on the initial term
- 6 five‑year extension options with 5% increases every 5 years
Property Analytics
Property Profile
Current Use
Lease Details
23,200 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
350
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 46%
Groceries 30%
Dining 24%
Save-A-Lot
Groceries
5,680 visits/mo
0.3 miles
Family Dollar
Shops & Services
4,805 visits/mo
0.4 miles
Truist
Shops & Services
3,889 visits/mo
0.1 miles
Hungry Howie's Pizza
Dining
3,480 visits/mo
0.2 miles
Denny's
Dining
1,024 visits/mo
0.3 miles
Demographics for 34606, FL
28,548
Population
14,009
Households
2
Avg Household Size
53
Median Age
20%
College-Educated
89%
High-School Grad
11.6 sq mi
ZIP Area
2,461
Density / Sq Mi
$54,730
Median Household Income
$33,778
Median Earnings
$1,192
Median Rent
$227,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
NNN property - Freestanding pharmacy with a drive-thru and long-term absolute NNN lease structure.
Where is this nnn property located?
The property is located at 7305 Spring Hill Dr Spring Hill, FL.
What are key features of this property?
This property features: Walgreens pharmacy with drive‑thru service; Absolute NNN lease with 8+ years remaining on the initial term; 6 five‑year extension options with 5% increases every 5 years
