Walgreens | Clinton, Tennessee | Knoxville MSA
245 S Main Street
Clinton, TN 37716
FOR SALE
Property Type:
Street RetailAmount:
$6,272,000
Last Verified:
Jul 15, 2022Highlights
- Tax Free State
- Knoxville MSA
- NNN Lease
- STABLE INCOME - Income guaranteed by Walgreens Corporation with over 8,900 locations.
- ABS NNN LEASE WITH 6+ YRS - Lease has ±6 years of primary lease term on an abs net lease with no landlord responsibilities and allows for 10 (5-year) options.
Description
SVN Southland is pleased to present this NNN Walgreen's in Clinton, Tennessee. There are 6+ years remaining in the primary lease term. There are 10 (5-year) options to renew. There are many other national tenants surrounding the property such as Burger King, McDonalds, Advance Auto, and many more. This site benefits from high traffic counts with over 24,000 vehicles per day. There are several major manufacturing companies located in Clinton.
This Walgreens store is located in Clinton, Tennessee which is in the Knoxville MSA. This High traffic corner sees 24,000 cars per day at the intersection. The Growth in Clinton has remained steady over the years and has increased over 7.5% since 2000.
Building Size: 13650sq ft
Lot Size: 1.84 acres