Walgreens NNN Property For Sale — Macclenny, FL
657 S 6th St, Macclenny, FL 32063
This Walgreens property offers an attractive investment opportunity with a corporate-backed absolute NNN lease, ensuring zero landlord responsibilities. Strategically situated within the Jacksonville MSA, one of Florida's top five metropolitan areas, the property benefits from a hard corner signalized intersection with multiple points of ingress and egress. It features a convenient drive-thru pharmacy and ample parking with 71 spaces. The building was originally a custom build-to-suit for Walgreens, designed to meet the tenant's specific operational needs. Located on Macclenny's primary thoroughfare, it experiences high daily traffic of over 11,800 vehicles on S 6th Street. The surrounding area shows promising demographic growth, with a projected 3% population increase through 2029, and i…
- Address: 657 S 6th St, Macclenny, FL 32063
- Asking price $3.20M
- 10.00% cap rate
- NOI $320,000
- 6.9 years remaining
- NNN lease
- Building size: 14,550 SF
- Guarantor: Corporate
Location
This Walgreens property is at 657 S 6th St in Macclenny, Florida.
Asset type: Drug Store