758 N Ellington Pky
Lewisburg, TN 37091

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located in Lewisburg, Tennessee. Built in 2005, the site consists of approximately 14,820 square feet of building space and is situated on 1.60 acres of land. This Walgreens has approximately 11.7 years remaining on its initial 25-year absolute triple-net (NNN) lease with ten (10) 5-year renewal options. The base rent is $267,100 in addition to a percentage rent of the store’s gross sales. This asset is located at the signalized, hard corner intersection of N Ellington Pkwy and Verona Ave that combine for over 30,000 vehicles per day (VPD). Positioned in the county’s primary retail corridor, this Walgreens is only 0.9 miles east from a Walmart Supercenter and only 1.3 miles west from Kroger. National retailers within a 1-miles radius include McDonald’s, Burger King, AutoZone, KFC, Pizza Hut, Taco Bell, Sonic, and more. There is no major drug store competition nearby for another 55 miles towards Nashville, Tennessee. This market dominant Walgreens benefits from being the closest prime drug store for patients of the Marshal Medical Center hospital with more than 150 employees. Marshall Medical Center is halfway between Nashville and Huntsville with 25 beds and is a designated critical access hospital.