Drug Store
Walgreens - Deerfield Beach
1041 E Hillsboro Blvd, Deerfield Beach, FL 33441
Listing Price: $10,700,000
Investment Overview
Marcus & Millichap is proud to exclusively market for sale this Walgreens-leased property in highly desirable Deerfield Beach, Florida. The property has an above average store size of approximately 16,507 square feet and includes both a drive-thru lane and liquor store. The asset is strategically located off Federal Highway and on East Hillsboro Boulevard, both considered major traffic arteries with a combined traffic count of 65,000+ vehicles per day. Walgreens has over 12 Years remaining on its net lease, offering investors passive ownership while benefitting from strong cash flow in a market with high barriers to entry. The seller has very attractive financing in place that can be assumed with a fixed interest rate of 3.4 percent for a term of over nine years remaining. The loan balance is $6,500,000 which allows a Buyer to purchase the property with only 40 percent down payment.
Investment Highlights
- Corporate Absolute NNN Lease with Zero Landlord Responsibilities
- Over 12 Years Remaining on Base Lease Term
- 24-Hour Store with Drive-Thru Pharmacy and a Liquor Store
- Assumable Financing of $6,500,000 is Available, 3.4% Interest with 9 Year Term
- Walgreens is Ranked #16 on Fortune 500 List, #36 on Fortune 500 Global List
Exclusively Listed By
Financing By
Listing Price: $10,700,000
Investment Highlights
- Corporate Absolute NNN Lease with Zero Landlord Responsibilities
- Over 12 Years Remaining on Base Lease Term
- 24-Hour Store with Drive-Thru Pharmacy and a Liquor Store
- Assumable Financing of $6,500,000 is Available, 3.4% Interest with 9 Year Term
- Walgreens is Ranked #16 on Fortune 500 List, #36 on Fortune 500 Global List
Investment Overview
Marcus & Millichap is proud to exclusively market for sale this Walgreens-leased property in highly desirable Deerfield Beach, Florida. The property has an above average store size of approximately 16,507 square feet and includes both a drive-thru lane and liquor store. The asset is strategically located off Federal Highway and on East Hillsboro Boulevard, both considered major traffic arteries with a combined traffic count of 65,000+ vehicles per day. Walgreens has over 12 Years remaining on its net lease, offering investors passive ownership while benefitting from strong cash flow in a market with high barriers to entry. The seller has very attractive financing in place that can be assumed with a fixed interest rate of 3.4 percent for a term of over nine years remaining. The loan balance is $6,500,000 which allows a Buyer to purchase the property with only 40 percent down payment.
Exclusively Listed By
Financing By

