Retail    

Walgreens

 Morristown, TN

Asking Price

$6,890,909

Cap Rate

5.50%

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Expenses

Absolute NNN

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Credit

Investment Grade

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LTR

12+ Years

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Corporate Guarantee | Walgreens: BBB/Stable (S&P)
  • +/- 12.5 Years Remaining Primary Term
  • Absolute NNN with Zero Landlord Responsibilities
  • Primary Submarket Retail Trade Area Adjacent to Mall & Walmart Supercenter
  •  40,000+ VPD Site Next to US Hwy On/Off Ramp
  • Tax-Free State

Exclusively Listed By

Jason W. Powell, CCIM

Senior Director & Partner
  jpowell@stanjohnsonco.com      404.823.6754

Max Van Dresser

Associate Director
  mvandresser@stanjohnsonco.com      404.823.6377

Colin Couch

Director
  ccouch@stanjohnsonco.com      404.823.6376

David Marlett

Associate
  dmarlett@stanjohnsonco.com      404.823.6744

In Association With
Jeff McKinney

TN Broker #241553

Northmarq

3340 Peachtree Road NE, Suite 650
Atlanta, GA 303026


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