Walgreens
| Status | Available |
|---|---|
| Price | $7,630,000 |
| Cap Rate | 5.15% |
| NOI | $392,850 |
| 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.
