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Freestanding Drugstore with Drive-Through

9220 Little Rd New Port Richey, FL 34654

9220 Little Rd, New Port Richey, FL, 34654
Contact for pricing
For Sale
Contact for pricing
Pending

Long term absolute NNN lease with drive-through lane, guaranteed by Walgreen Co., with 5-year rent escalations.

Days on Market104

Property Features for 9220 Little Rd

General Information

Standard status
Pending
Property subtype
Retail
Listing agency Marcus & Millichap - Nashville
Listed by Jason Hernandez · License #CA 01392646
Source Crexi
Added: Apr 11 Updated: Jul 23 at 2:11AM Checked: Jul 23 at 2:11AM

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 Marcus & Millichap - Nashville


Investment Insights

Based on property information with market context.

The property is a freestanding Walgreens drugstore operating under a long term Absolute NNN Lease with no landlord management or maintenance responsibilities. The lease is guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc., and includes 5% rent increases every five years during the original term. The lease also provides 12, five-year renewal options, if exercised.

The site features a critical drive-through lane, designed to support customer service in vehicles. It is located on Little Road in New Port Richey, positioned across from a Winn-Dixie anchored shopping center that also includes tenants such as Bank of America, McDonald’s, Family Dollar, Planet Fitness, Metro PCS, Cricket Wireless, Great Rooms, and Pet Supplies Plus.

A variety of national retailers are present along the Little Road corridor in the immediate area, including Walmart, Home Depot, Kohl’s, Hobby Lobby, Dollar General, Publix, Truist Bank, 7-Eleven, Mobil, H&R Block, Rent-a-Center, and others.

Key Highlights

  • Long‑term absolute NNN lease with no landlord management or maintenance responsibilities
  • Guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.
  • Rent structure includes 5% rent increases every 5 years during the original term

Property Analytics

Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Cosmetic Store Walgreens Pharmacy Pharmacy Coinhub Bitcoin ATM ... Atm Bitcoin Depot | BDCheckout Atm

Suggested Use

Real Estate Agency Law Firm Dental Office Hair Salon Spa & Massage Center Gym & Fitness Center Parking Lot & Garage Building Supply Auto Parts Store Electrical Service

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

FAQs

What type of property is this?
NNN property - Long term absolute NNN lease with drive-through lane, guaranteed by Walgreen Co., with 5-year rent escalations.
Where is this nnn property located?
The property is located at 9220 Little Rd New Port Richey, FL.
What are key features of this property?
This property features: Long‑term absolute NNN lease with no landlord management or maintenance responsibilities; Guaranteed by Walgreen Co., a subsidiary of Walgreens Boots Alliance, Inc.; Rent structure includes 5% rent increases every 5 years during the original term
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