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805 W Main St
Livingston, TN 38570
Walgreens | 13 Year Absolute NNN Lease · Retail Property For Sale
Investment Highlights
- Long term 13 year corporate lease with 12 5-year options
- Fee simple NNN with no landlord responsibilities
- Situated along retail corridor with a traffic count of over 23k VPD
- Corporate Guarantee (NASDAQ: WBA)
- RARE 5% rent increases every 5 years (including option periods)
- Half a mile from Livingston Regional Hospital (114 beds)
Property Facts
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.25 AC
Zoning
C-3
Parking
59 Spaces (4.32 Spaces per 1,000 SF Leased)
Frontage
200’ on Main St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 054I-A-003.00 | Improvements Assessment | $585,000 |
| Land Assessment | $150,000 | Total Assessment | $735,000 |
Property Taxes
Parcel Number
054I-A-003.00
Land Assessment
$150,000
Improvements Assessment
$585,000
Total Assessment
$735,000
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