Sands Investment Group is Pleased to Exclusively Offer For Sale the 14,490 SF Walgreens Absolute NNN Asset Located at 2421 Lebanon Pike in Nashville, TN. This Deal Includes an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities With Fee Simple Ownership, Allowing For Depreciation, Providing For a Secured Investment.
Dense Demographics in High Performing Retail Corridor | 140,000+ Full Time Residents Within Immediate Trade Area
Hard Corner | Signalized Intersection of Lebanon Pike (AADT: 36,473) @ McGavock Pike (AADT: 10,335)
Notable Tenants in 0.1-Mile Radius: Publix, Kroger, McDonald’s, Starbucks, Taco Bell, Burger King, Anytime Fitness, Take 5, Pizza Hut and More
Pharmacies Provide a “Daily Needs” For Consumers Making the Property Pandemic and Recession-Resistant
Fee Simple Ownership: Allowing For Depreciation
Absolute NNN Lease | Zero Landlord Responsibilities
Corporate Guarantee | Walgreens Boots Alliance
High Growth Tax-Friendly State: Tennessee is an Income Tax Free State and is the 6th Fastest Growing State By Numeric Growth
Less Than 10 Minutes From Nashville International Airport
77 Parking Spaces and a Drive-Thru
In Cooperation With Sands Investment Group Tennessee, LLC – Lic. #263973 BoR: Tom Gorman – Lic. TN #370394
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities
Tenant Overview
WALGREENS
Walgreens Boots Alliance (NASDAQ: WBA) is a global leader in retail and wholesale pharmacy, touching millions of lives every day through dispensing and distributing medicines, its convenient retail locations, digital platforms and health and beauty products. The company has more than 100 years of trusted health care heritage and innovation in community pharmacy and pharmaceutical wholesaling. WBA’s purpose is to help people across the world lead healthier and happier lives. The company is proud of its contributions to healthy communities, a healthy planet, an inclusive workplace and a sustainable marketplace. The company’s businesses have been recognized for their Corporate Social Responsibility. Walgreens was named to FORTUNE* magazine’s 2019 Companies that Change the World list and Boots UK was recognized as Responsible Business of the Year 2019-2020 by Business in the Community.WBA is included in FORTUNE’s 2019 list of the World’s Most Admired Companies, ranked first in the food and drugstore category. This is the 26th consecutive year that WBA or its predecessor company, Walgreen Co., has been named to the list. Operating nearly 9,000 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving nearly 10 million customers each day.