Drug Store
ABSOLUTE NNN WALGREENS 11 YRS
7155 US-431, Albertville, AL 35950
Listing Price: $7,064,220
Investment Overview
Subject is a Prime 14,820 Square-Foot Walgreens on a Highly Visible 1.97 Acre Lot with Exceptional Ingress/Egress, Drive-Thru and Ample Parking. Features Absolute NNN Lease with a 75-Year Base Term and Zero Landlord Responsibility | Eleven Years Remaining Until Option
ABSOLUTE NNN WALGREENS 11 YRS
Investment Highlights
- Well Established Retail Corridor | Nearby National Retailers Include: McDonald's, AutoZone, O'Reilly Auto Parts, Dollar General, Hobby Lobby, Taco Bell, Dunkin', T.J. Maxx, and Many Others
- Affluent Bedroom Community in Huntsville MSA with an Average Household Income of Over $59K within Five Miles of the Subject Asset, as of 2020
- Robust Traffic Counts on US-431 (34,320 Vehicles Per Day) and AL-75 (14,470 Vehicles Per Day), the Busiest Intersection in the County (Source: City of Albertville, 2018)
- Subject is 52 Miles from Huntsville International Airport, Serving Over 700K Passengers Annually (Source: Bureau of Transportation Statistics)
- Parks and Outdoor Recreational Facilities Nearby Include: US Space & Rocket Center, Sand Mountain Park & Amphitheater, Lake Guntersville, Gunter's Landing, and Eagle's Nest Golf Course
Broker of Record
Listing Price: $7,064,220
Investment Highlights
- Well Established Retail Corridor | Nearby National Retailers Include: McDonald's, AutoZone, O'Reilly Auto Parts, Dollar General, Hobby Lobby, Taco Bell, Dunkin', T.J. Maxx, and Many Others
- Affluent Bedroom Community in Huntsville MSA with an Average Household Income of Over $59K within Five Miles of the Subject Asset, as of 2020
- Robust Traffic Counts on US-431 (34,320 Vehicles Per Day) and AL-75 (14,470 Vehicles Per Day), the Busiest Intersection in the County (Source: City of Albertville, 2018)
- Subject is 52 Miles from Huntsville International Airport, Serving Over 700K Passengers Annually (Source: Bureau of Transportation Statistics)
- Parks and Outdoor Recreational Facilities Nearby Include: US Space & Rocket Center, Sand Mountain Park & Amphitheater, Lake Guntersville, Gunter's Landing, and Eagle's Nest Golf Course
Investment Overview
Subject is a Prime 14,820 Square-Foot Walgreens on a Highly Visible 1.97 Acre Lot with Exceptional Ingress/Egress, Drive-Thru and Ample Parking. Features Absolute NNN Lease with a 75-Year Base Term and Zero Landlord Responsibility | Eleven Years Remaining Until Option
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments
