700 N Main St
Mount Pleasant, TN 38474
Retail Property For Sale

JLL is pleased to offer for sale a single-tenant Fred’s Pharmacy (the “Property” or “Asset”) located in Mount Pleasant, TN. The Property was built to Fred’s specifications in 2012 and is subject to a double-net lease with 5.5 years remaining and 3, 5-year options. The Property occupies a strategic position along Mount Pleasant’s primary retail corridor proximate to schools, the community center, and the downtown business district. Mount Pleasant is located just 58 miles southwest of Nashville, Tennessee’s largest city and a hub for development and growth. Fred’s is the fourth largest drug store chain in the nation, with approximately 300 chains across the southeast. The Company has a dominant presence in rural communities in the southeast, positioning themselves as the primary resource for discount retail and pharmaceutical services in the region.