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    Athens, TN Drug Stores for Sale

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    Englewood, TN Niota, TN Riceville, TN
    Athens Walgreens NNN Investment Opportunity
    $3,299,999
    14,550 SF
    Athens Walgreens NNN Investment Opportunity

    805 W Madison Ave, Athens, TN 37303

    NNN leased Walgreens in Athens, TN with corporate guarantee.
    • 25‑year NNN lease with 10 - 5 year options
    • Corporate guaranteed lease with Walgreens
    • Yearly rental income of $265,000
    • 7.47% CAP rate
    • Located in Athens, Tennessee, the county seat of McMinn County, with a metro area of over 50,000 residents
    Updated: Nov 13, 2023
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Athens, TN, 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.

    Lee Hwy Investment Opportunity
    $3,876,000
    3,706 SF
    Lee Hwy Investment Opportunity

    NNN investment property in a rapidly evolving commercial corridor.

    6680 Lee Highway, Chattanooga, TN 37421

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    Pharmacy Building Available For Sale
    $270,000
    614 SF
    Pharmacy Building Available For Sale

    Commercial building previously used as a pharmacy since 1980.

    502 Highland Ter, Murfreesboro, TN 37130

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    Retail Property Near New Stadium
    $4,000,000
    15,120 SF
    Retail Property Near New Stadium

    Retail property in high-traffic area near new developments.

    3550 Broad St, Chattanooga, TN

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    Corner Lot Commercial Property
    $900,000
    1,995 SF
    Corner Lot Commercial Property

    Commercial property on a corner lot in a high-traffic area.

    1703 Bradyville Pike, Murfreesboro, TN 37130

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    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.

    Woodstock Land Near Retail
    Contact for pricing
    0.25 Acres
    Woodstock Land Near Retail

    Land in Woodstock, GA, close to retail and recreation.

    Black Oak Trail, Woodstock, GA 30189

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    Commercial Land Ready For Development
    $1,000,000
    955 SF
    Commercial Land Ready For Development

    3 acres for mixed-use development near Douglasville, Georgia.

    3692 Highway 5, Douglasville, GA 30135

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    Douglasville Land Approved for Development
    $1,000,000
    3.00 Acres
    Douglasville Land Approved for Development

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

    3692 Highway 5, Douglasville, GA 30135

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    Commercial Land on Highway 72
    $850,000
    0.56 Acres
    Commercial Land on Highway 72

    Corner lot suitable for various commercial uses in Madison.

    8814 Highway 72, Madison, AL 35758

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    Athens, TN Drug Stores Investment Opportunities Market Analysis

    Explore 1 drug stores for sale in Athens, TN on our real estate platform. These investment opportunities span a total of 14,550 square feet of properties for sale, with an estimated market value of $3,299,999.

    Sale prices for pharmacies in Athens, TN start at $3,299,999, averaging $3,299,999, and reaching up to $3,299,999 — 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

    Shopping centers 6
    Banks 3
    Automotive properties 2
    Storefront properties 2
    Auto shops 1

    Demographics Overview

    Population 25K
    Population Growth (5Y) +4.5%
    Median Household Income $60,874
    College Educated 14.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    37303 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 2.03%
    Property Tax per SF $38.78 per sq ft
    Tax Rate vs County Average 0.05 pp above county avg
    Average Loan-to-Value 65.0%

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