Marcus & Millichap Announces Exclusive Listing of Walgreens in Deerfield Beach for $11.78M

DEERFIELD BEACH, Fla., Feb. 14, 2022 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, has received the exclusive listing for a large 24-Hour Walgreens in Deerfield Beach, Florida, located off Federal Highway and East Hillsboro Boulevard.     


The asset is priced at $11,780,000 million. The property has an above average store size of approximately 16,507-square-feet and includes both a drive-thru lane and liquor store for a total of 1.49-acres. Built in 2010, the Walgreens-leased property is located at 1041 E. Hillsboro Boulevard in Deerfield Beach, Florida.


Drew A. Kristol, Kirk Olson and Benedict Gutierrez, investment specialists in Marcus & Millichap’s Miami office, have the exclusive listing to market the property on behalf of the seller, a private investor.


“This is a rare opportunity for an investor to acquire a long-term, income-producing property with tremendous intrinsic value in the affluent city of Deerfield Beach, arguably one of the hottest real estate markets in the country with one of the strongest tenants in the world,” said Gutierrez.

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