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35553 US Hwy 19 N
Palm Harbor, FL 34683 Palm Harbor

$4,740,740 USD

Drugstore For Sale  •  15,432 SF

Property Details

• Property Type Drugstore
• Total Building Size 15,432 SF
• Lot Size 1.54 AC
• Building Class B
• Year Built 2004
• Cap Rate 6.75 %
• Tenancy Single
• Zoning CP-1

30 Transit Score

50 Walk Score

Highlights

Trophy Hard Corner Real Estate: Positioned at a highly visible signalized intersection with excellent accessibility

Value-Add / Covered Land Play: With 4 years remaining on the lease, this asset offers ultimate flexibility for an investor

Massive Exposure (+90,000 VPD): The property benefits from exceptional visibility along US-19, which carries roughly 90,000 vehicles daily

High Barrier-to-Entry Market: Pinellas County is the most densely populated county in Florida

Strong Purchasing Power: The 5-mile radius boasts an average household income over $115,000

Store Performance: This store ranks in the 100th percentile for the city, making it the #1 most visited Walgreens out of the 4 locations in Palm Harbo

Cap Rate:

6.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
LabCorp
Walgreens		7/1/2029

Public Transportation

Airport	Drive	Walk	Distance
Tampa International	34 min	-	19.0 mi
St Pete-Clearwater International	34 min	-	19.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	125
Type:	Surface
Included in Rent:	Yes