For Sale
$5,642,857
1081 Murfreesboro Pike Nashville, TN 37217
High-Yield, Net-Leased Pharmacy
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 134
Highlights
- Walgreens corporate guaranteed absolute net lease.
- 8+ years remaining on lease, 2nd highest cap rate for Walgreens in Tennessee.
- Among the highest cap rates for Walgreens in tax-free states; motivated seller.
- $8.95M estimated 2023 gross sales; $395,000 NOI.
- Long operating history in rapidly growing Nashville, TN (top 5 fastest-growing US city).
Property Details for 1081 Murfreesboro Pike
- Property type
- Retail properties, Drug stores
- Square Feet
- 14,490 SF
- Year Built
- 2007
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 60,548 SF
- Units
- 1
Location Insight
- City
- Nashville
- County
- Davidson
- State
- Tennessee
- Latitude
- 36.12674499
- Longitude
- -86.7117509
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield, Net-Leased Pharmacy
- Where is the retail property located?
- The property is located at 1081 Murfreesboro Pike Nashville, TN.
- What is the asking price?
- The asking price for this property is $5,642,857.
- What are key features of this property?
- This property features: Walgreens corporate guaranteed absolute net lease.; 8+ years remaining on lease, 2nd highest cap rate for Walgreens in Tennessee.; Among the highest cap rates for Walgreens in tax-free states; motivated seller.
- How can I contact the broker?
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