
24 Hrs Top 10% Placer Nationally $3.25 Sales | 132 E Broadway Blvd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you

Your email has been sent!
24 Hrs Top 10% Placer Nationally $3.25 Sales 132 E Broadway Blvd
14,470 SF Retail Building Jefferson City, TN 37760 $6,256,934 CAD ($432.41 CAD/SF) 8.75% Cap Rate



INVESTMENT HIGHLIGHTS
- Both the store and pharmacy are open 24 hours a day, with strong sales figures of ±$3.25 million being reported.
- CVS is located directly adjacent to the subject property with the next nearest Walgreens over 11 miles to the east.
- Oshkosh Corporation, a Fortune 500 company, has a 500,000 square foot facility in Jefferson City and employs approximately 300 employees.
- Ranked in the top 10% of all Walgreens nationwide in customer visits, according to Placer.Ai.
- Located two miles east of Jefferson Memorial Hospital.
- Cherokee Reservoir is located 2.5 miles to the north and attracts 1 to 2 million visitors annually.
EXECUTIVE SUMMARY
We are pleased to present the Walgreens property located at 132 E. Broadway Blvd in Jefferson City, Tennessee ("The Property") for sale. This property has been operating successfully for over 18 years and currently has 5 years of firm term remaining before the 10 (5-year) option periods. Walgreens is operating on an absolute triple net lease which provides for no landlord obligations whatsoever.
This 24-hour Walgreens store is ranked in the top 10% of all Walgreens locations nationwide for customer visits, according to Placer.Ai. The property offers investors the opportunity to acquire a high-sales Walgreens location, which is one of the chain's highest-trafficked locations.
Strategically located two miles east of Jefferson Memorial Hospital, the Property benefits from being positioned adjacent to a CVS and within a trade area with no other Walgreens for over 11 miles. It is also situated less than half a mile from Carson-Newman University, which enrolls approximately 2,585 students. Additionally, Oshkosh Corporation, a Fortune 500 company, operates a 500,000-square-foot facility in Jefferson City.
The Property is part of a well-established retail corridor that has over 964,000 square feet of retail space. Jefferson City is located along Andrew Johnson Highway (U.S. Route 11E), which runs through Tennessee and into Virginia. The city is 28 miles northeast of Knoxville and 13 miles southwest of Morristown, providing direct access to both cities.
Listed in association with Brian Brockman, 513-898-1551, wg@bangreatly.com, TN DRE Lic. #343847.
This 24-hour Walgreens store is ranked in the top 10% of all Walgreens locations nationwide for customer visits, according to Placer.Ai. The property offers investors the opportunity to acquire a high-sales Walgreens location, which is one of the chain's highest-trafficked locations.
Strategically located two miles east of Jefferson Memorial Hospital, the Property benefits from being positioned adjacent to a CVS and within a trade area with no other Walgreens for over 11 miles. It is also situated less than half a mile from Carson-Newman University, which enrolls approximately 2,585 students. Additionally, Oshkosh Corporation, a Fortune 500 company, operates a 500,000-square-foot facility in Jefferson City.
The Property is part of a well-established retail corridor that has over 964,000 square feet of retail space. Jefferson City is located along Andrew Johnson Highway (U.S. Route 11E), which runs through Tennessee and into Virginia. The city is 28 miles northeast of Knoxville and 13 miles southwest of Morristown, providing direct access to both cities.
Listed in association with Brian Brockman, 513-898-1551, wg@bangreatly.com, TN DRE Lic. #343847.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,470 SF
Building Class
B
Year Built
2005
Price
$6,256,934 CAD
Price Per SF
$432.41 CAD
Cap Rate
8.75%
NOI
$547,482 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.60 AC
Zoning
R-1
Parking
30 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS





PROPERTY TAXES
Parcel Number | 023E-E-017.00 | Improvements Assessment | $567,997 CAD |
Land Assessment | $664,157 CAD | Total Assessment | $1,232,154 CAD |
PROPERTY TAXES
Parcel Number
023E-E-017.00
Land Assessment
$664,157 CAD
Improvements Assessment
$567,997 CAD
Total Assessment
$1,232,154 CAD
1 of 4
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by

24 Hrs Top 10% Placer Nationally $3.25 Sales | 132 E Broadway Blvd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.