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Marketing Description
This is an excellent opportunity for an investor to acquire a freestanding NNN Walgreens in the income tax free state of Tennessee. Located just 19 miles from the University of Tennessee, this prototypical Walgreens store sits at the busy intersection of South Main St and South Charles G Seivers Blvd. Walgreens has operated at this location since 2003, and has structured this lease with the preferred 5-year option schedule.
Investment Highlights
Absolute Net Lease - zero landlord responsibilities
Tennessee has no state income tax
Preferred 5-year option structure
19 miles from the University of Tennessee
Freestanding building with drive-thru
Full Walgreens corporate guaranty
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