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    Tallassee, AL
    Drug Store

    Tallassee, AL Drug Stores for Sale

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    Camp Hill, AL Notasulga, AL Dadeville, AL Alexander City, AL Tuskegee, AL Franklin, AL Eclectic, AL Auburn, AL
    Net Leased CVS Pharmacy
    Updated: Jul 24, 2024
    Net Leased CVS Pharmacy

    10 Gilmer Ave, Tallassee, AL 36078

    $2,199,500
    11,325 sqft
    Single tenant net leased CVS Pharmacy with corporate guaranty.
    Over 7 years remaining on the primary lease term through January 2031.
    Triple net lease structure with no landlord responsibilities.
    CVS has been successfully operating at this location since 2010.
    Below market rents compared to similar national pharmacy retailers.
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    This listing looks promising.

    Here's a quick look at some key insights for

    10 Gilmer Ave, Tallassee, AL 36078

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    • Est. Cap Rate

      6.1%
      Above avg (5.9%)

    • Est. NOI

      $135K
      Annual

    • Price @ 7% Cap

      $1.92M
      Suggested

    • Property Type

      Retail Stores
      Built 1997
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tallassee, AL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Griffin, GA Walgreens For Sale
    Griffin, GA Walgreens For Sale

    1602 N Expy, Griffin, GA 30223

    $4,124,000
    14,515 sqft

    Single-tenant Walgreens with 12 years remaining on NNN lease.

    View details
    Walgreens in Anniston, Alabama
    Walgreens in Anniston, Alabama

    1401 Golden Springs Rd, Anniston, AL 36207

    $3,774,600
    13,618 sqft 2.32 AC lot

    13,618 SF Walgreens on 2.32 acres for sale.

    View details
    Griffin, GA Walgreens Investment Opportunity
    Griffin, GA Walgreens Investment Opportunity

    405 S Hill St, Griffin, GA 30224

    $2,403,616
    11,220 sqft 1.00 AC lot

    Single-tenant Walgreens with prime location and established customer base.

    View details
    Walmart Neighborhood Market Retail Store
    Walmart Neighborhood Market Retail Store

    3864 US Hwy 80 West, Phenix City, AL 36870

    Contact for pricing
    38,000 sqft

    Grocery and retail store offering a pharmacy alongside fresh produce, meat and dairy, bakery, and household supplies.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Phenix City
    Commercial Land in Phenix City

    421 431 BYPASS SO, Phenix City, AL 36867

    $450,000
    1.20 AC lot

    Two lots ideal for retail or office in Phenix City.

    View details
    Commercial Lot on Corner Location
    Commercial Lot on Corner Location

    747 Memorial Drive, Bessemer, AL 35022

    $104,900
    0.76 AC lot

    Corner 0.76-acre commercial lot near UAB West Hospital.

    View details
    Douglasville Land Approved for Development
    Douglasville Land Approved for Development

    3692 Highway 5, Douglasville, GA 30135

    $1,000,000
    3.00 AC lot

    3 acres pre-approved for mixed-use development near Douglasville.

    View details
    Commercial Land with Highway 69 Frontage
    Commercial Land with Highway 69 Frontage

    EXIT 299 S AL-69, Dodge City, AL 35077

    $495,000
    2.00 AC lot

    Commercial land near a major interstate exit offers substantial road frontage for retail, office, or service concepts.

    View details

    Tallassee, AL Drug Stores Market Trends and Statistics

    Explore 1 drug stores for sale in Tallassee, AL on our real estate platform. These investment opportunities span a total of 11,325 square feet of properties for sale, with an estimated market value of $2,199,500.

    Sale prices for pharmacies in Tallassee, AL start at $2,199,500, averaging $2,199,500, and reaching up to $2,199,500 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 4
    Drug stores 1
    Shopping centers 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) +2.1%
    Median Household Income $67,700
    College Educated 7.8%

    High-Yield Neighborhoods for Investment

    Identify Tallassee submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    36078 $2.2M

    Taxes & Financing

    Tax Rate (average for all types) 0.63%
    Property Tax per SF $18.31 per SF
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Tallapoosa County

    New Delisted

    Total CRE Inventory on Market (SF)

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