Log In/Sign Up
Your email has been sent.
Walgreens 1301 Bell Rd 14,422 SF Retail Building Antioch, TN 37013 $6,000,000 ($416.03/SF) 5.40% Cap Rate
Investment Highlights
- Nashville metro
- 25 year NNN initial term lease with 10 - 5 year options
- Over 39,000 vehicles per day
Executive Summary
I am blessed to bring to market this Walgreens in Antioch, Tennessee. Antioch is in the Nashville metro. Antioch has around 100,000 people. This store is at the NW corner of Bell Road - Blue Hole Road. There are over 39,000 vehicles per day at the intersection. The 14,222 square foot building sits on 1.3 acres. The store opened April 2003 and the 25 year initial term lease expires on April 30, 2028. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $325,000. The monthly rental income is $27,083. The CAP is 5.42% with a Sales Price of $6,000,000. Call me today for more information!
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,422 SF
Building Class
B
Year Built
2002
Price
$6,000,000
Price Per SF
$416.03
Cap Rate
5.40%
NOI
$324,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.30 AC
Zoning
CL - ALLOW FOR APPLICATION AND IMPLEMENTATION OF CHANGES TO SIGNAGE, LANDSCAPING, AND BUILDING MATERIALS TO ACHIEVE INCREMENTAL IMPROVEMENTS TO THE AESTHET
Parking
35 Spaces (2.43 Spaces per 1,000 SF Leased)
Frontage
110’ on Bell Rd
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-00-0-285 | Improvements Assessment | $822,040 |
| Land Assessment | $679,520 | Total Assessment | $1,501,560 |
Property Taxes
Parcel Number
162-00-0-285
Land Assessment
$679,520
Improvements Assessment
$822,040
Total Assessment
$1,501,560
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
LHT Commercial Real Estate
Walgreens | 1301 Bell Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.