531 E Jackson Blvd | Jonesborough, TN 37659
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- LoopNet Team
531 E Jackson Blvd
Jonesborough, TN 37659
Retail Property For Sale
Investment Highlights
- 531 E Jackson Boulevard in Jonesborough is a 14,820-square-foot freestanding retail building leased to a single tenant in a tax-free state.
- Walgreens has an investment-grade credit rating, and this location, in particular, is a top performer, with reported sales in 2022 of roughly $3.2M.
- 1031 exchange compatible.
- Fee simple Walgreens has about 13 years remaining on a true NNN lease with zero landlord responsibilities guaranteed by the company.
- Average household income within three miles is $90,487, contributing to $198.8 million in annual consumer spending.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,736 SF
Building Class
B
Year Built
2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.30 AC
Zoning
B6/B3
Parking
30 Spaces (2.04 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $803,430 | |
| Land Assessment | $319,552 | Total Assessment | $1,122,982 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$319,552
Improvements Assessment
$803,430
Total Assessment
$1,122,982
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