7546 103rd St - Drug Store FOR SALE


Jacksonville, FL 32210- Oak Hill
$2,908,286 USD
818-907-9525
7546 103rd St, Jacksonville, FL for Sale
$2,908,286 USD
Drug Store - FOR SALE
1/4
null | 7% Cap Rate

7546 103rd St
Jacksonville, FL 32210
Oak Hill


HIGHLIGHTS

  • ABSOLUTE NNN LEASE: Long-term lease with zero landlord responsibilities allows for a truly passive income stream
  • LARGE GLOBAL TENANT: Walgreens is one of the largest retail pharmacy chains in the world, offering essential healthcare services
  • TAX-FREE STATE ADVANTAGE: Florida has no state income tax, making it attractive for businesses, investors, and residents alike
  • HIGH-TRAFFIC RETAIL CORRIDOR: Strategically located at a signalized corner intersection, the subject site is adjacent to a busy Publix super market
  • GROWING METRO POPULATION: The Jacksonville MSA surpassed 1.76 million residents in 2024, making it the fourth-largest metro in Florida

OVERVIEW

This Walgreens investment offers a compelling opportunity backed by a long-term absolute NNN lease that provides truly passive income, at an attractive small price point under $3 million, making it highly accessible for a wide range of investors seeking stable, long-term income. With 8+ years remaining on the base term, the property benefits from Florida’s tax-free environment, and is strategically positioned at a signalized corner within Jacksonville Heights’ largest retail corridor. The site also draws strong consumer traffic, anchored by an adjacent Publix supermarket. The Jacksonville MSA continues to experience robust growth, surpassing 1.76 million residents in 2024, ranking as the fourth-largest metro in Florida and among the top 40 in the U.S.

FOR SALE DETAILS

PRICE

$2,908,286 USD

PRICE/SF

$211 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Absolute NNN Walgreens | Jacksonville FL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

2.08 AC

LAND SF

90,605 SF

ZONING

CCG-2

APN/PARCEL ID

014527-0000

ASK ABOUT THIS PROPERTY

Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

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Lior RegenstreifNNN Investment Group of Marcus & MillichapMore Info
818-907-9525

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.