Walgreens Drug Store with NNN
For Sale
Contact for pricing
85 Beverly Pkwy, Pensacola, FL 32505
Single-tenant retail asset occupied by Walgreens under a newly executed absolute-net lease with scheduled rental increases.
Property SizeContact for details
Days on Market143
Property Features for 85 Beverly Pkwy
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Traffic Count
59,400 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
Deltondo Advisory Group Irvine
(949) 419-3200
Listed By:
Peter Deltondo · License #CA 01797033
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 2:17AM
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 Deltondo Advisory Group Irvine
Investment Insights
Based on property information with market context.
This single-tenant drug store at 85 Beverly Parkway in Pensacola is occupied by Walgreens under a new 15-year absolute-net lease. Contractual rental increases of 5% occur every five years, providing a clearly defined lease structure for the asset.
The property sits at the signalized intersection of Beverly Parkway and North Palafox Street, where reported traffic exceeds 59,400 vehicles per day. Ascension Sacred Heart, a major hospital with 1,000+ employees and 566 staffed beds, is nearby. Pensacola Christian College is one half mile away and reports enrollment of 5,000+ students along with 2,600+ employees.
The property sits at the signalized intersection of Beverly Parkway and North Palafox Street, where reported traffic exceeds 59,400 vehicles per day. Ascension Sacred Heart, a major hospital with 1,000+ employees and 566 staffed beds, is nearby. Pensacola Christian College is one half mile away and reports enrollment of 5,000+ students along with 2,600+ employees.
Key Highlights
- New 15‑year absolute‑net lease with Walgreens
- 5% rental increases scheduled every five years
- Single‑tenant drug store at 85 Beverly Parkway, Pensacola, FL 32505
Property Analytics
Property Profile
Current Use
Lease Details
59,400 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
658
Businesses Nearby
93k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 48%
Hotels & Casinos 1%
Home Improvements & Furnishings 1%
Whataburger
Dining
21,758 visits/mo
0.3 miles
Dollar Tree
Shops & Services
19,223 visits/mo
0.1 miles
Burger King
Dining
17,589 visits/mo
0.1 miles
Roses Discount Store
Shops & Services
8,442 visits/mo
0.2 miles
Dollar General
Shops & Services
7,002 visits/mo
0.4 miles
Demographics for 32505, FL
28,671
Population
12,278
Households
2.3
Avg Household Size
36
Median Age
14%
College-Educated
82%
High-School Grad
13.0 sq mi
ZIP Area
2,205
Density / Sq Mi
$41,039
Median Household Income
$27,950
Median Earnings
$1,053
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Brent Nutrition — 5120 N Palafox St, Pensacola, FL 32505
- Douglas Reid — 85 Beverly Pkwy, Pensacola, FL 325052813
- Walgreens Pharmacy — 85 Beverly Pkwy, Pensacola, FL 32505
- Walgreens — 461S302001009003, Pensacola, FL 32505
- CVS Pharmacy — 5301 N Palafox St, Pensacola, FL 32505
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant retail asset occupied by Walgreens under a newly executed absolute-net lease with scheduled rental increases.
Where is this drug store located?
The property is located at 85 Beverly Pkwy Pensacola, FL.
What are key features of this property?
This property features: New 15‑year absolute‑net lease with Walgreens; 5% rental increases scheduled every five years; Single‑tenant drug store at 85 Beverly Parkway, Pensacola, FL 32505
