806 Nissan Dr | Smyrna, TN 37167
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- LoopNet Team
806 Nissan Dr
Smyrna, TN 37167
Walgreens - Smyrna, TN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 13-Year Primary Term With Twelve (12) 5-Year Option Periods
- Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities and Depreciation Benefits
- Property Features a Drive-Thru and Large Lot (1.91 Acres)
- Corporate Guaranteed Lease Featuring Investment Grade Credit (S&P: BBB)
- Rare 5% Rental Increases Every 5-Years Throughout the Primary Term and Each of the Option Periods Providing Hedge Against Inflation
- Walgreens is the Second-Largest Pharmacy Store Chain the the United States
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.91 AC
Zoning
C-2
Parking
81 Spaces (5.57 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 034C-A-001.01-000 | Improvements Assessment | $693,760 |
| Land Assessment | $627,760 | Total Assessment | $1,321,520 |
PROPERTY TAXES
Parcel Number
034C-A-001.01-000
Land Assessment
$627,760
Improvements Assessment
$693,760
Total Assessment
$1,321,520
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