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Walgreens | Trophy Publix OP | Delray Beach 6458 Linton Blvd 15,128 SF Retail Building Delray Beach, FL 33484 $6,126,579 CAD ($404.98 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Rare opportunity to own a trophy asset in the Miami MSA with 68,000 VPD, 67,650 population and $139,000 AHHI in 3 miles
- Walgreens extended their lease for 10 years in 2024 demonstrating long-term commitment to this site
- Fee simple ownership of the building allows for depreciation boosting after tax returns
- High-profile signalized corner location in front of high-volume Publix
- Tenant is responsible for maintaining the entire parcel creating passive ownership and stable cash flow
- $18.50/SF rent is considered below market providing additional security and future upside potential
EXECUTIVE SUMMARY
PROPERTY FACTS In Escrow
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- Oct 2059
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Retailer | - | - | Oct 2059 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00-42-46-27-21-002-0010 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,474,441 CAD |
PROPERTY TAXES
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Walgreens | Trophy Publix OP | Delray Beach | 6458 Linton Blvd
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