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    19 Sawmill Village Ln Franklin, NC 28734

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    For Sale
    $3,956,983

    NNN leased Walgreens with over 13 years remaining on primary term.

    Property size:
    11,308 SF
    Lot size:
    1.51 Acres

    Property Features for 19 Sawmill Village Ln

    General Information

    Size
    11,308 SF
    Lot size
    1.51 Acres

    Source: The Boulder Group - Corporate Agent Randy Blankstein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Walgreens NNN Lease Investment Opportunity

    This property is a NNN leased Walgreens with over 13 years remaining on the primary lease term. The property has a successful operating history since 2013, with a long-term extension in 2023. The location is along US Highway 23, which has 23,500 vehicles per day, and just off US Highway 64, which has 31,000 vehicles per day. It is positioned in the area’s main retail thoroughfare near Lowe’s, Harbor Freight, Ingles Market, McDonald’s, Wendy’s, and Zaxby’s. Over 34,000 people live within a ten-mile radius, with an average household income of $75,521. The property is located in Franklin, NC, known as the Gem Capital of the World and a premier tourist destination for gem mining. The property size is 11,308 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Walgreens Photo Passport Photo Processor Walgreens Pharmacy Pharmacy Walgreens Drug Store LibertyX Bitcoin ATM Atm FedEx OnSite Mailing Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Walgreens Pharmacy, Rx Drive-Thru, Melissa Bell, Cynthia Harvey, Ingles Pharmacy

    Location Insight

    • Map
    • Local Demand
    City
    Franklin
    County
    Macon
    State
    North Carolina
    Longitude
    -83.3907638
    Latitude
    35.1634884

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens with over 13 years remaining on primary term.
    Where is this drug store located?
    The property is located at 19 Sawmill Village Ln Franklin, NC.
    What is the asking price?
    The asking price for this property is $3,956,983.
    What are key features of this property?
    This property features: - NNN lease with no landlord responsibilities.; - Over 13 years remaining on the primary lease term.; - Successful operating history since 2013 with a long-term extension in 2023.
    (847) 562-8500
    Request Owner's contact information
    19 Sawmill Village Ln Franklin, NC 28734
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    Franklin, NC 28734
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19 Sawmill Village Ln Franklin, NC 28734
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