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Marathon, FL NNN Properties for Sale

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Key Colony Beach, FL Duck Key, FL Conch Key, FL Islamorada, FL No Name Key, FL Big Pine Key, FL
Walgreens NNN Investment Property
Updated: Nov 20, 2024
Walgreens NNN Investment Property

10870 Overseas Hwy, Marathon, FL 33050

Contact for pricing
16,904 sqft
Absolute NNN lease with zero landlord responsibilities, providing a management‑free investment.
Brand new 15‑year lease with Walgreens, Inc., with 4 (5‑year) options to extend, indicating long‑term commitment.
Located at a signalized, hard corner intersection with high traffic volume (31,000 VPD).
5% rental increases every 5 years throughout the initial term and option periods, hedging against inflation.
Affluent 1‑mile radius with an average household income of $133,248.
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Net-Leased Retail Building
Updated: Apr 11
Net-Leased Retail Building

11600 Overseas Highway, Marathon, FL 33050

Contact for pricing
NNN lease structure with tenant responsible for taxes, insurance, and property maintenance (approx. $35,000 annually)
Lease end is 2032; tenant also willing to sign a 5‑year option with a 10% rent increase to provide a 4.6% cap
Tenant has remodeled the entire building and added additional renovations by year end 2020
New roof installed in 2018
2018 updates include new interior walls, paint, electric, lighting, insulation, and updated/breaker boxes
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Marathon, FL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Fully Leased Neighborhood Shopping Center
Fully Leased Neighborhood Shopping Center

1 S Krome Ave, Homestead, FL 33030

$3,000,000
0.32 AC lot

Fully leased shopping center with eleven tenants on NNN lease terms on a highly visible Krome Avenue corner in Homestead.

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K-12 Education Campus NNN
K-12 Education Campus NNN

713 W Palm Drive, Florida City, FL

$10,900,000
30,421 sqft 2.94 AC lot

Purpose-built three-story K-12 campus on an absolute NNN lease, with tenant responsible for taxes, insurance, and utilities.

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Florida City Educational Investment Opportunity
Florida City Educational Investment Opportunity

713 W Palm Dr, Florida City, FL 33034

$10,900,000
30,421 sqft 1.47 AC lot

Single tenant NNN K12 campus with expansion potential.

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Best Buy NNN Leased Investment
Best Buy NNN Leased Investment

33590 S Dixie Hwy, Homestead, FL 33034

Contact for pricing
30,000 sqft 3.29 AC lot

NNN leased Best Buy with corporate guarantee and rental increases.

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Marathon, FL Nnn Properties Market Trends and Statistics

Explore 2 nnn properties for sale in Marathon, FL on our real estate platform. These investment opportunities span a total of 16,904 square feet of properties for sale.

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Demographics Overview

Population 11K
Population Growth (5Y) +12.2%
Median Household Income $83,776
College Educated 36.9%

Taxes & Financing

Tax Rate (average for all types) 0.86%
Property Tax per SF $8.45 per SF
Tax Rate vs County Average 0.11 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Monroe County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Monroe County

Retail

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