Guntersville, AL - Walgreens

Description:

SRS Real Estate Partners is pleased to present the opportunity to acquire the fee simple interest in an absolute NNN-leased Walgreens property located in Guntersville, Alabama. The tenant, Walgreen Co., is a wholly owned subsidiary of Walgreens Boots Alliance, one of the largest pharmacy operators in the U.S. The lease features more than nine years of primary term remaining, along with ten (10) additional five-year renewal options, providing excellent long-term income stability. With the tenant responsible for all expenses under an absolute triple-net structure, this asset offers a truly passive investment opportunity ideal for out-of-state or hands-off investors seeking durable cash flow backed by a national brand.

The property is strategically positioned at the signalized, hard corner intersection of Gunter Avenue (14,300 VPD) and Henry Street (13,300 VPD), the primary northbound, southbound, and eastbound access routes to and from the peninsula on which the property sits. The site benefits from three separate points of ingress/egress, enhancing visibility, access, and customer convenience. Located within a dense retail corridor, the Walgreens is surrounded by national and regional tenants including CVS, NAPA Auto Parts, Domino’s, KFC, Ace Hardware, Wendy’s, Taco Bell, and McDonald’s. This strong tenant synergy drives consistent foot traffic and retail performance, supporting long-term viability.