Overview

Description

Walgreens is positioned with excellent access and visibility along Main Street (19,621 VPD) in Livingston, Tennessee – equidistant from Nashville and Knoxville.

Walgreens is strategically situated within the area’s main retail and commercial corridor, directly adjacent to Subway and across from McDonald’s and American Bank & Trust. The site is less than a mile southwest of downtown Livingston, with nearby traffic drivers including Dollar Tree, the United States Post Office, and Livingston Regional Hospital (114 Beds).

Livingston is a component of the Cookeville Micropolitan Statistical Area (Population: 117,267) and is the county seat of Overton County (Population: 22,864). The county is home to two state parks and Dale Hollow Lake –renowned in the state for its fishing.

Highlights

• 13 year corporate lease with 12 5-year options
• Investment grade tenant (S&P: BBB-)
• Fee simple NNN with no landlord responsibilities
• RARE 5% rent increases every 5 years (including option periods)
• Situated along retail corridor with a traffic count of over 23k VPD
• Half a mile from Livingston Regional Hospital (114 beds)

Documents

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