245 S Main St - Drug Store FOR SALE


Clinton, TN 37716
$4,050,000 USD
704-927-2888
245 S Main St, Clinton, TN for Sale
$4,050,000 USD
Drug Store - FOR SALE
1/5
null | 8.52% Cap Rate

245 S Main St
Clinton, TN 37716


HIGHLIGHTS

  • Situated in a highly desirable location in Clinton, TN
  • Easy access to key transportation routes and high visibility
  • Excellent retail location
  • Full Walgreens corporate guaranty
  • Freestanding building with drive-thru
  • Located within a high growth area only 20 miles from Knoxville

OVERVIEW

New South Properties is pleased to present an exclusive NNN investment opportunity in Clinton, TN—fully leased to Walgreens with a full corporate guaranty and zero landlord responsibilities. This freestanding building with a drive-thru is ideally located in a high-growth area just 20 miles from Knoxville, offering excellent visibility, easy access to major routes, and long-term income stability from a nationally recognized tenant.

FOR SALE DETAILS

PRICE

$4,050,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

8.52%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,150 SF

ZONING

Commercial (NEC)

APN/PARCEL ID

074O-A-017.00

ASK ABOUT THIS PROPERTY

Will WhitleyNew South PropertiesMore Info
704-927-2888

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Will WhitleyNew South PropertiesMore Info
704-927-2888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.