2380 Nashville Rd
Bowling Green, KY 42101
Rite Aid / Walgreens / Dollar Tree · Retail Property For Sale

Strategically located at the signalized intersection of Nashville Road (U.S. Route 31W) and Campbell Lane (U.S. Route 231), the subject property benefits from prominent visibility, excellent ingress and egress, strong traffic volumes, a flourishing local trade area, population growth and retail synergy with the neighboring tenants. In addition, this property features two drive-thru lanes, pylon signage and multiple development opportunities (ask broker for details). This property had historically operated as relocated Rite Aid store #2656 since 2007, catering to the residents of the City of Bowling Green and the surrounding areas, but as of 2018 was subleased to Dollar Tree. In 2017, Walgreens agreed to purchase 1,932 stores and three distribution centers across the United States from Rite Aid for $4.4 billion, and the transaction closed in 2018. All of the Rite Aid stores in Kentucky were sold to Walgreens, with some of the stores being rebranded/converted to Walgreens and the others being subleased to national credit tenants. This Rite Aid lease and all of its obligations have been assigned and assumed by Walgreens, resulting in a stronger lease guarantor with an investment grade credit rating (ask broker for details).