Sold Subscription Required
| Price $4,051,000 | Built/Renov 2010 | Tenant Walgreens |
| Cap Rate 7.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
14,820
| Lease Start
09-01-2023
| #Units
12,500
|
| Price/SF $273.35 | Expiration
09-26-2038
| Tenant Type Pharmacy |
| NOI $303,810 | R. Term 12.12 | Ownership Fee Simple |
| Rent/SF
$20.50
| Increases 5.0%/6/yrs | Pop 5Mi 54,058 |
| Lot/AC 1.20 | Options 12/5yrs/5% | AHHI 5Mi $71,904 |
| | |
Walgreens is strategically located at the signalized, hard corner of N. Washington Ave (15,800 VPD) and E. 10th Street (19,600 VPD), in the heart of Cookeville’s primary retail corridor. The property benefits from strong synergy with nearby national retailers including Walmart Supercenter, Kroger, Kohl’s, ALDI, and Dollar General. It is situated just northeast of Jackson Plaza (394,000 SF)...
...New construction
Roof guarantee
High traffic 50M+ VPD
Strategically located
Dense 100M+ pop 5 mi
Strong demographics
Long 15+ yr lease
Accelerated depreciation
Traded and rated company
Corporate Guarantee
Walgreens is an American company that operates the second-largest pharmacy store chain in the United States. It specializes in filling prescriptions, health and wellness products, health...
| 1 Miles | 3 Miles | 5 Miles | |
| 2030 Total Population : | 11,832 | 39,105 | 56,920 |
| 2025 Total Population : | 11,530 | 37,715 | 54,933 |
| 2025 Employed Civilian Pop : | 4,273 | 17,080 | 25,078 |
| 2025 Total Businesses : | 685 | 2,146 | 2,566 |
| 2025 Average Household Income : | $ 66,273 | $ 73,057 | $ 80,073 |
| 2025 Total Consumer Spending : | $ 230 M | $ 1013 M | $ 1600 M |
| 2025 Median Age : | 25 | 31 | 34 |
| 2025 Total Households : | 3,960 | 15,853 | 22,919 |
| 2025 Pop Age 25+: Bachelor's Degree : | 1,163 | 4,932 | 7,553 |
| 2025 Average Home Value : | $ 408,490 | $ 378,293 | $ 369,839 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| North Washington Avenue | E 9th St | 2022 | 17,900 | 0.05 mi |
| East 10th Street | Allen Ave | 2022 | 5,131 | 0.10 mi |
| E 10th St | N Maple Ave | 2003 | 14,550 | 0.21 mi |
| East 7th Street | N Washington Ave | 2022 | 2,527 | 0.24 mi |
| East 12th Street | Mississippi Ave | 2022 | 10,095 | 0.28 mi |
| SR 136 | Hwy 136 | 2021 | 14,187 | 0.29 mi |
| North Dixie Avenue | E 3rd St | 2022 | 2,704 | 0.33 mi |
| North Maple Avenue | E 6th St | 2022 | 2,758 | 0.37 mi |
| East 4th Street | Cherry Ave | 2022 | 1,725 | 0.57 mi |
| West 7th Street | Stadim Dr | 2022 | 8,206 | 0.59 mi |
Jerseyville, IL
Cap Rate 7.50%
Lease Double NN
R. Term 16.40 yrs
Size/SF 11,945
Columbiana, AL
Cap Rate 6.50%
Lease Abs NNN
R. Term 11.30 yrs
Size/SF 13,992
Arcadia, FL
Cap Rate 7.35%
Lease Abs NNN
R. Term 4.20 yrs
Size/SF 10,908
Chicago, IL
Cap Rate 7.15%
Lease Abs NNN
R. Term 6.40 yrs
Size/SF 17,500
Meadows Place, TX
Cap Rate 6.50%
Lease Abs NNN
R. Term 5.10 yrs
Size/SF 13,008
Granbury, TX
Cap Rate 7.25%
Lease Abs NNN
R. Term 5.60 yrs
Size/SF 13,368
Gettysburg, PA
Cap Rate 8.00%
Lease Abs NNN
R. Term 6.10 yrs
Size/SF 14,584
Missouri City, TX
Cap Rate 8.50%
Lease Abs NNN
R. Term 5.11 yrs
Size/SF 73,311
Philadelphia, PA
Cap Rate 8.32%
Lease Abs NNN
R. Term 8.50 yrs
Size/SF 8,232
Las Vegas, NV
Cap Rate 7.00%
Lease Abs NNN
R. Term 7.40 yrs
Size/SF 15,600
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
.png)
.png){kind=link}
