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531 E Jackson Blvd
Jonesborough, TN 37659
$133,000 Fee to Buyer's Broker: Long-Term NNN · Retail Property For Sale
Investment Highlights
- 16+ years guaranteed rent
- Less than 1/2 mile from Medical Center
- Other national retailers in area include: Tractor Supply Co., McDonald’s, AutoZone, Lowe’s and others...
- Centrally located in middle of primary retail trade area in town
- Aging demographic is ideal Walgreens customer ~22% of 1 mile population is 65+ years of age
- True NNN lease with no landlord responsibilities
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,736 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.30 AC
Zoning
B6/B3
Parking
30 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
About 531 E JACKSON BLVD , JONESBOROUGH, TN 37659
This Walgreens is one of the longest remaining lease terms available for sale in the market today. (New Walgreens leases are only 15 years guaranteed.) The store is ideally situated at the high traffic intersection of East Jackson Blvd. and Boones Creek Road. Neighboring retailers at the intersection include many nationally recognized brands, as well as local and regional banks. This pharmacy site surely benefits from the proximity of an Urgent Care just one block down and around the corner, and the Jonesborough Medical Center a half mile down the road.
Property Taxes
| Parcel Numbers | Improvements Assessment | $532,480 | |
| Land Assessment | $235,560 | Total Assessment | $768,040 |
Property Taxes
Parcel Numbers
Land Assessment
$235,560
Improvements Assessment
$532,480
Total Assessment
$768,040
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