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    411 W Stockton St Edmonton, KY 42129

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    For Sale
    $1,810,000

    Corporate-signed Walgreens in Edmonton, KY with a brand new 10-year lease.

    Property size:
    2,500 SF
    Lot size:
    0.70 Acres

    Property Features for 411 W Stockton St

    General Information

    Size
    2,500 SF
    Lot size
    0.70 Acres

    Source: Hogan Real Estate Agent Justin R Phelps

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

    Overview

    Walgreens NNN Investment Opportunity

    This property offers qualified investors the opportunity to acquire a fee simple interest in a corporate-signed, investment-grade Walgreens with a drive-thru, located in Edmonton, KY. The property is under an absolute NNN lease, with zero landlord responsibilities. Walgreen Co. recently signed a new 10-year lease, which includes four 5-year options. The lease specifies a 5% rental increase in years 6-10, with 5% increases at the beginning of each option period. The property is centrally located in Edmonton, the county seat of Metcalfe County, KY. It features frontage on US-68, placing it within Edmonton’s main retail corridor. The location benefits from its position along Cumberland Parkway and proximity to Louisville, KY (2 hours) and Nashville, TN (3.5 hours). The building size is approximately 2,500 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

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

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

    Similar Places Nearby

    Kevin Emberton

    Location Insight

    • Map
    • Local Demand
    City
    Edmonton
    County
    Metcalfe
    State
    Kentucky
    Longitude
    -85.618385
    Latitude
    36.980332

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    FAQs

    What type of property is this?
    Drug store - Corporate-signed Walgreens in Edmonton, KY with a brand new 10-year lease.
    Where is this drug store located?
    The property is located at 411 W Stockton St Edmonton, KY.
    What is the asking price?
    The asking price for this property is $1,810,000.
    What are key features of this property?
    This property features: - Absolute NNN lease with zero landlord responsibilities.; - Corporate signed lease by investment grade tenant (S&P: Baa3) Walgreen Co.; - Brand new **10-year lease term** with 4 (5-year) options.
    (502) 724-4179
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    411 W Stockton St Edmonton, KY 42129
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    Edmonton, KY 42129
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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
    411 W Stockton St Edmonton, KY 42129
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