Drug Store

Seymour, TN Drug Stores for Sale

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Walgreens NNN Lease Investment Opportunity
Updated: Mar 15, 2024
Walgreens NNN Lease Investment Opportunity

11305 Chapman Hwy, Seymour, TN 37865

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14,490 sqft
Absolute NNN lease offers a completely passive income stream.
Investment‑grade tenant Walgreens (rated "BBB" by S&P) provides financial stability.
Long‑term lease with options to extend through 2078.
High‑traffic location at the intersection of Chapman Hwy (Hwy 441) and Marysville Hwy (Hwy 35) with over 27,000 VPD.
Established operating history of over 20 years.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Seymour, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Single-Tenant CVS Retail Building
Single-Tenant CVS Retail Building

105 Foothills Center Dr, West Union, SC 29696

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10,000 sqft

A leased pharmacy asset on a long-running NNN structure with a corporate guaranty from CVS Health.

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NNN Drug Store Investment
NNN Drug Store Investment

105 FOOTHILLS CTR DR, West Union, SC 29696

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NNN drug store offering a corporate-backed lease structure, marketed with a stated 6.5% cap rate.

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Walgreens Retail Store
Walgreens Retail Store

82 Elmore Rd, Crossville, TN 38555

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Walgreens property at a busy intersection with multiple points of entry at the main site.

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Renovated CVS-Leased Retail Building
Renovated CVS-Leased Retail Building

1026 West Ave, Crossville, TN 38555

Contact for pricing

Retail building with a new 10-year CVS lease and multiple renovation upgrades including roof, LED lighting, and parking improvements.

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Seymour, TN Drug Stores Market Trends and Statistics

Explore 1 drug stores for sale in Seymour, TN on our real estate platform. These investment opportunities span a total of 14,490 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4
Auto shops 1
Automotive properties 1
Drug stores 1
Grocery and convenience stores 1

Demographics Overview

Population 25K
Population Growth (5Y) +16.5%
Median Household Income $88,410
College Educated 28.1%

Taxes & Financing

Tax Rate (average for all types) 1.48%
Property Tax per SF $37.12 per SF
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sevier County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Sevier County

Residential Income

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