Description

I am pleased to present this freestanding Walgreens located in Antioch, a thriving community within the Nashville metro area with a population of approximately 100,000. The property is strategically positioned on the northwest corner of Bell Road and Blue Hole Road, benefiting from traffic counts exceeding 39,000 vehicles per day at the intersection. The 14,222-square-foot building sits on 1.3 acres and has operated at this location since opening in April 2003. The property is secured by a 25-year initial NNN lease term expiring April 30, 2028, followed by ten additional five-year renewal options, providing long-term income stability. The investment generates $325,000 in annual rental income ($27,083 monthly) and is offered at $6,000,000, reflecting a 5.42% cap rate. This is a strong opportunity to acquire a corporate-backed net-leased asset in one of Middle Tennessee’s most active and growing retail corridors.