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5701 Gulfport Blvd S
Gulfport, FL 33707

$4,139,130 USD

Drugstore For Sale  •  14,661 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,725 SF
  • Lot Size 1.23 AC
  • Building Class B
  • Year Built 1996
  • Cap Rate 5.75 %
  • Tenancy Single
0 Transit Score
65 Walk Score

Highlights

Only Walgreens in the City of Gulfport
Lease Extended Through 2061 — Post-Closure Announcement
10-Year Minimum Guaranteed Income
Built-In Rent Increase — No Action Required
True Passive Investment — Double Net (NN)
35+ Years Remaining Lease Term

Property Flyers

Financial Summary (Actual)

Net Operating Income: $238,000 USD (2025)
Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Walgreens 10/29/2021

Public Transportation

AirportDriveWalkDistance
St Pete-Clearwater International 30 min - 16.6 mi
Tampa International 37 min - 24.5 mi
Sarasota/Bradenton International 48 min - 31.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 77
Type: Surface
Included in Rent: Yes
Cyril Bijaoui 786-326-3774 Longstead at The Corcoran Group
Cyril Bijaoui 786-326-3774 Longstead at The Corcoran Group