Receiver Sale: Walgreens | Ashland, VA | 17.1K VPD

Highlights:

• Signalized Hard-Corner Location: Positioned at the intersection of US Route 1 and England Street with 17,100 vehicles per day, offering excellent visibility and access.
• Stable Income Stream: Walgreens is open and operating under an absolute NNN lease with in-place income through February 2031, providing long-term cash flow security.
• Redevelopment Potential: The 10,663 SF open floorplan and 1.44-acre lot offer flexibility for future re-leasing or redevelopment into medical, QSR, or flagship retail uses.
• Retail-Dense Corridor: Surrounded by top national brands including Walmart, Starbucks, McDonald’s, and Wawa—all within one mile—enhancing consumer draw.
• Affluent & Growing Market: Located near Richmond in a high-growth area supported by Randolph-Macon College expansion and a 14% GDP increase in Hanover County from 2018–2022.

Description:

Ri Marketplace Online Auction December 15th-17th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2893/receiver-sale-walgreens-ashland-va-17.1k-vpd?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2893

Jones Lang LaSalle Americas, Inc. (“JLL”), in conjunction with RI Marketplace, is pleased to present for sale the Walgreens Pharmacy located at 4149 Taylor Boulevard in Louisville, Kentucky (the “Property” or “Asset”). This offering provides an investor the exceptional opportunity to acquire an asset with passive income from a national corporate tenant. The Property is strategically positioned in a high-traffic urban corridor, benefiting from excellent visibility on Taylor Blvd (17,500 VPD) and its close proximity to the heavily-traveled Dixie Hwy (53,600 VPD).

The Asset is embedded within a dense and essential retail hub, adjacent to the Hazelwood Shopping Center and surrounded by daily-needs tenants like Save-A-Lot. Its position is further strengthened by its proximity to the Hazelwood Specialty Clinic, creating a powerful synergy that drives consistent, needs-based traffic from patients, staff, and the surrounding community. Louisville is a dynamic and growing MSA, powered by its world-class logistics and healthcare industries. The city is home to UPS Worldport, the largest automated package handling facility in the world, making it a critical nerve center for global commerce. Its healthcare sector is a dominant economic driver, with major employers like Humana, Norton Healthcare, and UofL Health anchoring the local economy. The Property’s location benefits directly from significant public investment, including the recently completed "New Dixie Highway" project, which transformed the nearby major artery with infrastructure and safety upgrades, enhancing the commercial vitality of the entire corridor.

With a long-term, absolute triple-net (NNN) lease, the Property offers a truly passive income stream with zero landlord responsibilities. This represents a rare opportunity to acquire a durable, long-term investment secured by a top-tier tenant in a fundamentally strong location within a major U.S. metropolitan area


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2907003627
Co:2908000783
The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

Documents: