Fully Leased Walgreens Retail
For Sale
Contact for pricing
Pending
245 S Main St, Clinton, TN 37716
Fully leased Walgreens store with a long-term lease and ample customer parking on a well-traveled road.
Days on Market111
Property Features for 245 S Main St
General Information
Standard status
Pending
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
New South Properties
Listed By:
William Buchanan · License #NC 315599
Source:
Crexi
Added: Apr 11
Changed: Jul 20
Last Checked: Jul 29 at 4:06PM
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 New South Properties
Investment Insights
Based on property information with market context.
This property is a fully leased Walgreens retail store featuring a modern, well-maintained building. The current tenant is Walgreens, operating under a long-term lease, providing a reliable income profile for an owner. The site also includes ample parking designed for convenient customer access.
The Walgreens location is described as being in the heart of Clinton, Tennessee, positioned on a well-traveled road for visibility to local residents and passersby. The property is also noted as being within close proximity to other retailers, restaurants, and businesses, supporting steady day-to-day activity.
The seller’s remarks indicate the availability of assumable non-recourse debt at a 5.04% rate. The offering is presented for sale with the objective of acquiring a stable, established, single-tenant retail asset in a growing community.
The Walgreens location is described as being in the heart of Clinton, Tennessee, positioned on a well-traveled road for visibility to local residents and passersby. The property is also noted as being within close proximity to other retailers, restaurants, and businesses, supporting steady day-to-day activity.
The seller’s remarks indicate the availability of assumable non-recourse debt at a 5.04% rate. The offering is presented for sale with the objective of acquiring a stable, established, single-tenant retail asset in a growing community.
Key Highlights
- Fully leased Walgreens store with a long‑term lease agreement for ongoing rental income
- Ample customer parking with a well‑designed parking lot for convenient customer access
- Located in Clinton, Tennessee on a well‑traveled road with high‑traffic exposure
Property Analytics
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
86k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Groceries 31%
Shops & Services 13%
Beauty & Spa 1%
Food City
Groceries
26,833 visits/mo
0.4 miles
McDonald's
Dining
22,983 visits/mo
0.2 miles
Wendy's
Dining
12,495 visits/mo
0.3 miles
Burger King
Dining
9,103 visits/mo
0.1 miles
Dollar General
Shops & Services
7,092 visits/mo
0.2 miles
Demographics for 37716, TN
25,920
Population
11,461
Households
2.3
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
83.5 sq mi
ZIP Area
310
Density / Sq Mi
$61,250
Median Household Income
$40,713
Median Earnings
$887
Median Rent
$220,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Hoskins Drug Store — 111 N Main St, Clinton, TN 37716
- Walgreens Pharmacy — 245 S Main St, Clinton, TN 37716
- Martha Scarbrough, PharmD — 245 S Main St, Clinton, TN 37716
- COVID-19 Drive-Thru Testing at Walgreens — 245 S Main St, Clinton, TN 37716
- Food City Pharmacy — 507 S Charles G Seivers Blvd, Clinton, TN 37716
Frequently Asked Questions
What type of property is this?
Drug store - Fully leased Walgreens store with a long-term lease and ample customer parking on a well-traveled road.
Where is this drug store located?
The property is located at 245 S Main St Clinton, TN.
What are key features of this property?
This property features: Fully leased Walgreens store with a long‑term lease agreement for ongoing rental income; Ample customer parking with a well‑designed parking lot for convenient customer access; Located in Clinton, Tennessee on a well‑traveled road with high‑traffic exposure
