Walgreens
Retail | 5.42% CAP | 14,222 SqFt
Marketing description
I am blessed to bring to market this Walgreens in Antioch, Tennessee. Antioch is in the Nashville metro. Antioch has around 100,000 people. This store is at the NW corner of Bell Road - Blue Hole Road. There are over 39,000 vehicles per day at the intersection. The 14,222 square foot building sits on 1.3 acres. The store opened April 2003 and the 25 year initial term lease expires on April 30, 2028. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $325,000. The monthly rental income is $27,083. The CAP is 5.42% with a Sales Price of $6,000,000. Call me today for more information!
Investment highlights
I am blessed to bring to market this Walgreens in Antioch, Tennessee. Antioch is in the Nashville metro. Antioch has around 100,000 people. This store is at the NW corner of Bell Road - Blue Hole Road. There are over 39,000 vehicles per day at the intersection. The 14,222 square foot building sits on 1.3 acres. The store opened April 2003 and the 25 year initial term lease expires on April 30, 2028. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $325,000. The monthly rental income is $27,083. The CAP is 5.42% with a Sales Price of $6,000,000. Call me today for more information!
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
