- For Sale $5,472,000
- Property Type Other
- Lot Size 1.93 SF
- Additional Rent Contact for pricing
- Date Updated Nov 21, 2024
The Snyder Carlton National Net Lease Team is pleased to offer to investors a great opportunity to acquire the single tenant NNN leased Walgreens Pharmacy in Johnson City. TN. Walgreens is one of the largest drugstore chains in the U.S. and operates over 9,000 Stores in all 50 states, Washington D.C., Puerto Rico and the U.S. Virgin Islands. The 75-year corporate guaranteed lease has over 10 firm lease years remaining in the primary term with zero landlord responsibilities and potential for additional percentage rent.
The 18,820 SF standalone building with drive-thru on large 1.93-acre parcel is strategically positioned on the hard corner signalized intersection of N Roan Street and Carroll Creek road which have a combined traffic count exceeding 20,800 VPD and prospers from excellent visibility and access. Nearby retailers include Walmart Supercenter, Sam’s Club, The Home Depot, Lowe’s Home Improvement, Hobby Lobby, Food City, Ingles Market, CVS, Dollar General, Express Oil Change, McDonald’s, Starbucks, and Hardees.
This is an excellent opportunity to purchase a triple net leased corporate Walgreens in Tennessee with a long-term lease, no landlord duties and strong site fundamentals providing stable cash flows for years to come.
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Attachments
False
Contacts
Eric Carlton
Jereme Snyder
Jim Morris
Location
Getting Around
-
Walk Score ®
26/100
Car-Dependent
-
Bike Score ®
23/100
Somewhat Bikeable
- City Johnson City, TN
- Neighborhood Crouch Crossroad
- Zip Code 37601
Points of Interest
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Food City Gas ‘N Go
0.12 miles
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Ingles Gas Express
0.48 miles
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Murphy USA
1.46 miles
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Sam's Club
1.71 miles
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Kroger
2.83 miles
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Food City Gas 'N Go
3.82 miles
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Exxon
3.85 miles
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BP
4.02 miles
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Scotchman
4.58 miles
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BY-LO
4.59 miles
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Northeast State Parking Garage
5.15 miles
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Tipton Street Lot
5.25 miles
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Downtown Square
5.27 miles
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Cherry Street
5.32 miles
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Student Lot 9a
5.39 miles
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Student Lot 9b
5.40 miles
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Student Lot 9c
5.40 miles
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Student Lot 9d
5.40 miles
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Student West Walnut Street Lot
5.43 miles
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Lot 1a
5.45 miles
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WoodSpring Suites
1.07 miles
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Quality Inn
1.10 miles
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Holiday Inn Express Johnson City
1.25 miles
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Comfort Suites
1.35 miles
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Sleep Inn & Suites
1.95 miles
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Staybridge Suites
2.17 miles
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Baymont
2.26 miles
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Holiday Inn
2.40 miles
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Super 8
2.41 miles
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Days Inn & Suites
2.51 miles
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Simms Pizzaria
0.12 miles
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McDonald's
0.81 miles
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Pal's
0.89 miles
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Bob Evans
1.05 miles
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Cracker Barrel
1.09 miles
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Wendy's
1.14 miles
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Subway
1.23 miles
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Waffle House
1.23 miles
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Golden Corral
1.45 miles
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Holy Taco Boones Creek
1.52 miles
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Tennessee College of Applied Technology Elizabethton - Boones Creek Campus
1.07 miles
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Lake Ridge Elementary School
1.28 miles
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Towne Acres Elementary School
2.64 miles
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Austin Springs Elementary School
3.60 miles
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Johnson City Elementary School
3.66 miles
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Asbury Elementary School
3.93 miles
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Liberty Bell Complex
3.99 miles
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Science Hill High School
4.01 miles
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North Side Elementary School
4.56 miles
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Annie Wilder Stratton Elementary School
4.61 miles
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Coalition for Kids
2.57 miles
Frequently Asked Questions
How much does Walgreens | Long Term Absolute NNN Single Tenant Lease cost?
The space currently listed for sale at Walgreens | Long Term Absolute NNN Single Tenant Lease asks for $5,472,000.
What is the total square footage of Walgreens | Long Term Absolute NNN Single Tenant Lease?
Walgreens | Long Term Absolute NNN Single Tenant Lease totals 14,820 square feet.
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