Madisonville Walgreens NNN Investment Opportunity

679 S Main St, Madisonville, KY

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For Sale

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NNN leased Walgreens on a large 1.85-acre corner lot.

Type:RETAIL

Property size:

12,935 SF

Lot size:

1.79 Acres

HighLights

Long‑Term Absolute Triple‑Net (NNN) Lease with zero landlord responsibilities.
Corporate Guarantee from Walgreens, a major national drugstore chain (NYSE: WBA).
Rare Rental Increases: 5% increases every 5 years.
Large 1.85‑acre lot.
Located on a hard corner.
Four‑way signalized intersection.

We can help!

Listing Contact

Glen Kunofsky

For Sale

Contact for pricing

NNN leased Walgreens on a large 1.85-acre corner lot.

Type:RETAIL

Property size:

12,935 SF

Lot size:

1.79 Acres

Added:: Mar 13, 2025
Days on Market:: 458
Last Refresh:: May 20 at 8:14 pm

Property Features for 679 S Main St

General Information

Standard status: Active
Size: 12,935 SF
Lot size: 1.79 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Glen Kunofsky

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group

Listing date Mar 13, 2025

Source Moodyscre

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 NNN Pro Group

HighLights

Long‑Term Absolute Triple‑Net (NNN) Lease with zero landlord responsibilities.
Corporate Guarantee from Walgreens, a major national drugstore chain (NYSE: WBA).
Rare Rental Increases: 5% increases every 5 years.
Large 1.85‑acre lot.
Located on a hard corner.
Four‑way signalized intersection.

Overview

This investment property is subject to a 14-year, absolute triple-net (NNN) lease, with zero landlord responsibilities. The property is located on a hard corner at a four-way signalized intersection and features a large 1.85-acre lot. The tenant, Walgreens, is one of the nation's largest leading drugstore chains, operating over 8,600 drugstores across the United States. Walgreens is publicly traded on the NYSE under the ticket symbol "WBA" and amassed $147.7 billion in sales in 2024. The lease structure includes 5% rental increases every 5 years.

Property Profile Location Intelligence

Current Use by Public Records

Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service Western Union Bank Coinhub Bitcoin ATM ... Atm Michael Seiber Pharmacy

Suggested Use

Similar Places Nearby

Michael W. Seiber, RPH — 679 s main st, madisonville, ky 42431
James Ashby — 728 S Main St, Madisonville, KY 424313069
Michael Seiber — 679 s main st, madisonville, ky 42431
COVID-19 Drive-Thru Testing at Walgreens — 679 S Main St, Madisonville, KY 42431
Hometown Pharmacy — 1913 S Main St, Madisonville, KY 42431

Location Insight

Map
Local Demand

City: Madisonville
County: Hopkins
State: Kentucky
Longitude: -87.5011
Latitude: 37.3177

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What type of property is this?

Drug store - NNN leased Walgreens on a large 1.85-acre corner lot.

Where is this drug store located?

The property is located at 679 S Main St Madisonville, KY.

What are key features of this property?

This property features: Long‑Term Absolute Triple‑Net (NNN) Lease with zero landlord responsibilities.; Corporate Guarantee from Walgreens, a major national drugstore chain (NYSE: WBA).; Rare Rental Increases: 5% increases every 5 years.

679 S Main St, Madisonville, KY

NNN leased Walgreens on a large 1.85-acre corner lot.

Property Features for 679 S Main St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Multi-Building Commercial Portfolio

Self Storage Facility for Sale

Versatile Downtown Flex Building

Automotive Repair and Storage Property

Four-Bay Car Wash with Warehouse

Automotive Shop with Overhead Doors

Soundproofed Office Building

Updated Office/Commercial Building

Diesel Mechanic Shop Ready

Duplex with Mixed Lease Terms

Duplex Multi-Unit Portfolio

Mixed-Use Commercial Building

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