531 E Jackson Blvd - Drug Store FOR SALE
Jonesborough, TN 37659 |
531 E Jackson Blvd
Jonesborough, TN 37659
HIGHLIGHTS
- 531 E Jackson Boulevard in Jonesborough is a 14,820-square-foot freestanding retail building leased to a single tenant in a tax-free state.
- Fee simple Walgreens has about 13 years remaining on a true NNN lease with zero landlord responsibilities guaranteed by the company.
- Walgreens has an investment-grade credit rating, and this location, in particular, is a top performer, with reported sales in 2022 of roughly $3.2M.
- Average household income within three miles is $90,487, contributing to $198.8 million in annual consumer spending.
- 1031 exchange compatible.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14736
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
052O-A-016.00,052O-A-020.00,052O-A-021.00
