Walgreens

806 Nissan Drive, Smyrna, TN 37167
$8,190,000
Status Available
Price $8,190,000
Cap Rate 4.80%
NOI $392,850
Price/SF $563
Lease Type Absolute NNN
Lease Term 13 years
Lease Start 9/1/2022
Lease Expiration 8/31/2035
Building Size 14,550 SF
Lot Size 1.91 AC

Overview

Walgreens is located with excellent access and visibility at the signalized intersection of Enon Road and Nissan Drive , which provides access to U.S. Route 41 – leading through the state starting in Miami, Florida and ending in the upper peninsula of Michigan.

Walgreens is situated as an outparcel to a shopping center anchored by Walmart Supercenter and including Dollar Tree, Dutch Bros Coffee, Popeyes, and Jimmy Johns. The site is located in a dense, residential area with several developments and apartment complexes.

Less than 30 miles outside Tennessee’s state capitol Nashville, Smyrna is a component of the Nashville-Davidson- Murfreesboro–Franklin MSA (Population: 2 million). The Nashville suburb belongs to Rutherford County, which has a growing population of over 340,000.