It turns out 100 Lincoln Road is not the “corner of happy and healthy” for the Walgreen Co., after an appellate court Wednesday blocked the national retailer’s $28 million real estate deal in Miami Beach.

Walgreens owns four commercial units at Decoplage Condominium, a Miami Beach high-rise on coveted Lincoln Road. Its retail space is part of the large mixed-use project with 625 condos and 42 commercial units on the highly trafficked retail corridor.