Retail    

Walgreens

 Huntsville, Alabama

Asking Price

$3,175,000

Cap Rate

8.00%

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NOI

$254,000

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Year Built

2002

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Square Feet

15,035 SF

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Land Area

1.90 AC

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Expenses

Absolute NNN

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Investment-Grade Credit Tenant | S&P: BBB-
  • Absolute NNN Lease with No Landlord Responsibilities
  • Situated at Signalized Intersection | Combined 37,457 VPD
  • Large 1.90-Acre Parcel | Drive-Thru Pharmacy & Ample Parking
  • #1 "Best Places to Live in the U.S." | 515K+ Metro Residents
  • Strong Demographics | 110,000 Residents Within 5 Miles
  • 22 Years of Operating History
  • Located Near Alabama A&M University (± 6,600 Students)

Exclusively Listed By

Brandon Sherrill

Senior Associate
  bsherrill@northmarq.com   

Brad Moulder

Senior Vice President
  bmoulder@northmarq.com   

Ryan Butler

Regional Managing Director
  rbutler@northmarq.com   
AL License #000101183

Anne Perrault

Vice President
  aperrault@northmarq.com   

David Annett

Associate Vice President
  dannett@northmarq.com   

Joe Habighorst

Lead Investment Analyst
  jhabighorst@northmarq.com   

Lindsey Vedros

Operations Analyst
  lvedros@northmarq.com   

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