Walgreens Absolute NNN Asset

Walgreens | Covington, TN

Sands Investment Group is Pleased to Present For Sale the Walgreens Absolute NNN Asset Located in Covington, Tennessee. This Deal Includes an Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities, Providing For a Secure Investment.

  • Absolute Triple Net (NNN) Property With Zero Landlord Responsibilities
  • Walgreens Co. (NYSE: WAG) is a S&P Investment With Grade Credit Rating of “BBB”; Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Which Features Annual Revenues in Excess of $117 Billion
  • Long Term Lease With 8 Years Remaining on the Original 75-Year Lease
  • Including Equity Method Investments, Walgreens Boots Alliance Has a Presence in More Than 25 Countries, Employs More Than 440,000 People and Has More Than 18,750 Stores
  • Located on a Hard Corner Location With Over 22,000 VPD on the Highway 51 North
  • Tennessee is an Income Tax Free State
  • Located in a Dense Retail Corridor With Nearby Tenants Including: Kroger, Tractor Supply Company, O’Reilly Auto Parts, Krystal, Dollar Tree, McDonald’s, Wendy’s and More

In Cooperation With ParaSell, Inc., A Licensed Tennessee Broker – Lic. #264531 BoR: Scott Reid – Lic. TN #347634

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