Retail    

Walgreens

 Franklin, NC

Asking Price

$4,467,560

Cap Rate

7.75%

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Investment Grade Tenant

S&P: BBB-

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Lease Type

Abs. NNN

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Operating History

11 Years

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Year Built

2013

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Long Term Operating History w/ Absolute NNN Lease
  • Premier Global Tenant - Nation's Largest Drugstore Chain
  • Top Drug Retailer for Surrounding Area
  • Major Tourist Destination - "Gem Capital of the World"
  • Situated in Top Shopping Destination for Surrounding Area - 5.9M Shoppers in the Past 12 Months
  • Hard Corner Location w/ 23K+ VPD Direct Visibility & Excellent Connectivity to U.S. Highway 64
  • Dense Residential Community & Nearby Historic Amusement Center.
  • Full-Service Pharmacy Drive-Thru
  • Portfolio Sale Opportunity

Exclusively Listed By

Maggie Holmes

Senior Vice President
  mholmes@northmarq.com      678.378.4593

Mike Sladich

Regional Managing Director
  msladich@northmarq.com   

Robert Poirier

Associate Vice President
  rpoirier@northmarq.com   

Sam Wilson

Associate Vice President
  swilson@northmarq.com   

Michael Watson

Senior Associate
  mwatson@northmarq.com   

Joshua Greene

Investment Analyst
  jgreene@northmarq.com   

Chanel Tobias

Investment Analyst
  ctobias@northmarq.com   

In Association With
Jason Long

NC License #338124

Northmarq

3414 Peachtree Rd NE | Suite 900
Atlanta, GA 30326
404.823.6360


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