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6939 E Shelby Dr
Memphis, TN 38141
Walgreens Absolute NNN Lease · Retail Property For Sale

Investment Highlights

  • ABSOLUTE NNN LEASE
  • S&P RATED BBB INVESTMENT GRADE CREDIT
  • CORNER ANCHORED BY NATIONAL RETAILERS INCLUDING WALMART NEIGHBORHOOD MARKET, KROGER, MCDONALD’S, REGIONS BANK, TACO BELL, AND MANY OTHERS
  • 100% FEE SIMPLE INTEREST
  • CORPORATE GUARANTY - NASDAQ: WBA
  • ZERO LANDLORD OBLIGATIONS

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.55 AC
Zoning
C
Parking
56 Spaces (3.84 Spaces per 1,000 SF Leased)
Frontage
139’ on Riverdale Rd

Amenities

  • Bus Line
  • Signage
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
09-3700-0-0579
Land Assessment
$159,840
Improvements Assessment
$640,160
Total Assessment
$800,000
  • Listing ID: 23097270

  • Date on Market: 5/17/2021

  • Last Updated:

  • Address: 6939 E Shelby Dr, Memphis, TN 38141

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