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NNN Walgreens Drug Store
For Sale
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1 Viewpoint Dr, Alexandria, KY 41001

Corporate-guaranteed retail operation with convenience and food offerings across from a Walmart Supercenter.

Property SizeContact for details
Days on Market142

Property Features for 1 Viewpoint Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 5:50PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Deerfield Partners

Investment Insights

Based on property information with market context.

This Walgreens drug store is structured as an NNN property and carries a full guaranty from Walgreens Corporate. The location participated in a limited pilot involving a co-branding partnership with Kroger, adding convenience and food merchandise that includes 30% Kroger store brands. Store sales at this location have increased over 20% since the partnership launched.

The property is at 1 Viewpoint Dr in Alexandria, Kentucky, directly across from a Walmart Supercenter and positioned at the intersection of Alexandria Pike and Viewpoint. The site combines an established national retail operator with a differentiated merchandise program and corporate lease support.

Key Highlights

  • NNN Walgreens property with a full guaranty from Walgreens Corporate
  • One of only 13 Walgreens locations selected for the Kroger co‑branding pilot
  • Convenience and food merchandise includes 30% Kroger store brands

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Dental Office Law Firm Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

312
Businesses Nearby
279k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 39% Superstores 29% Shops & Services 14% Apparel 8%
Walmart Superstores
80,356 visits/mo 0.3 miles
McDonald's Dining
27,724 visits/mo 0.2 miles
Dollar Tree Shops & Services
19,484 visits/mo 0.2 miles
Wendy's Dining
18,794 visits/mo 0.2 miles
Bath & Body Works Beauty & Spa
13,013 visits/mo 0.3 miles

Demographics for 41001, KY

19,294
Population
7,387
Households
2.6
Avg Household Size
40
Median Age
35%
College-Educated
94%
High-School Grad
51.7 sq mi
ZIP Area
373
Density / Sq Mi
$102,468
Median Household Income
$57,834
Median Earnings
$1,113
Median Rent
$265,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Similar Off Market Nearby

  • Walgreens Pharmacy 1 S Viewpoint Dr, Alexandria, KY 41001
  • Janis L. Goller, RPh 1 s viewpoint dr, alexandria, ky 41001
  • Albert Veid 1 S Viewpoint Dr, Alexandria, KY 410011086
  • COVID-19 Drive-Thru Testing at Walgreens 1 S Viewpoint Dr, Alexandria, KY 41001
  • Janis Goller 1 S Viewpoint Dr, Alexandria, KY 410011086

Frequently Asked Questions

What type of property is this?
Drug store - Corporate-guaranteed retail operation with convenience and food offerings across from a Walmart Supercenter.
Where is this drug store located?
The property is located at 1 Viewpoint Dr Alexandria, KY.
What are key features of this property?
This property features: NNN Walgreens property with a full guaranty from Walgreens Corporate; One of only 13 Walgreens locations selected for the Kroger co‑branding pilot; Convenience and food merchandise includes 30% Kroger store brands
More about this property
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