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2580 Crawfordville Hwy Crawfordville, FL 32327

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For Sale
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High-yield Walgreens, 11.5+ years remaining.

Property size:
12,689 SF

Property Features for 2580 Crawfordville Hwy

General Information

Property type
Individual retail properties
Square Feet
12,689 SF
Lot Size
98,881 SF

Building Details

Year Built
2006

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Listing Contact
Connor Shell
Connor Shell

Listing Agency: Stream Capital Partners Listing Agent: Connor Shell

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a 12,689 square foot Walgreens pharmacy located at 2580 Crawfordville Hwy, Crawfordville, FL 32327. The property sits on a 2.27-acre lot and boasts a strong location near the intersection of Crawfordville Hwy & Wakulla Arran Rd, experiencing a combined traffic count of 20,000 vehicles per day. This absolute NNN net lease features a corporate guarantee from Walgreens, an S&P rated BBB- tenant, ensuring long-term security. With 11.5+ years remaining on the lease, the property offers significant stability and predictable income. The lease includes 5% rent bumps every 5 years, providing a hedge against inflation. The current asking price is $3,665,000, representing a 6.75% cap rate and a price per square foot of $288.83. The property's strong NOI of $247,350 reflects its consistent performance. Built in 2006, this Walgreens benefits from its location in a high-income market with average household incomes exceeding $100,000. The property is situated within a thriving retail trade area, close to other national retailers such as Publix, Tractor Supply, Winn Dixie, and Ace Hardware. Lease options include a 12-year and five-year renewal. This is a rare opportunity to acquire a high-performing, well-located Walgreens investment property with significant long-term growth potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy FedEx OnSite Postal Service LibertyX Bitcoin ATM Atm Coinhub Bitcoin ATM ... Atm

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Crawfordville
County
Wakulla
State
Florida
Longitude
-84.3716507
Latitude
30.1951424

FAQs

What type of property is this?
Individual retail property - High-yield Walgreens, 11.5+ years remaining.
Where is this individual retail property located?
The property is located at 2580 Crawfordville Hwy Crawfordville, FL.
What is the asking price?
The asking price for this property is $3,665,000.
What are key features of this property?
This property features: Absolute NNN lease with 11.5+ years remaining.; 5% rental increases every 5 years.; Walgreens (S&P BBB-) provides long-term security.
(312) 899-6664 Call to check price and availability
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