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Absolute NNN Walgreens Retail Building
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758 N Ellington Parkway, Lewisburg, TN 37091

Single-tenant Walgreens is leased on an absolute NNN structure with zero landlord obligations.

Property Size14,206 SF
Days on Market121

Property Features for 758 N Ellington Parkway

General Information

Standard status Active
Size 14,206 SF
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 13,000 vehicles/day
Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: SRS Real Estate Partners Newport Beach
Listed By: Jeff Gates · License #CA 01768554
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:47AM

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 SRS Real Estate Partners Newport Beach

Investment Insights

Based on property information with market context.

The subject property is a 14,206 SF, single-tenant Walgreens building leased to Walgreens (WBA) on an absolute NNN basis. The tenant has 10 years remaining on the initial term, and the lease structure calls for zero landlord obligations.

The property is located in Lewisburg, Tennessee, on a major commercial thoroughfare. The site reports over 13,000 vehicles per day along Nashville Highway, and it is positioned near Marshall Medical Center, approximately 0.4 miles away. The immediate retail area includes tenants such as AutoZone, Pizza Hut, Dairy Queen, and Dollar General.

As a leased, absolute NNN Walgreens, the asset is designed to shift property responsibilities away from the landlord under the lease terms described in the offering details.

Key Highlights

  • 14,206 SF single‑tenant Walgreens building leased to Walgreens (WBA) on an absolute NNN lease
  • Lease has 10 years remaining on the initial term
  • Absolute NNN structure with zero landlord obligations per lease terms

Property Analytics

Current Use

Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy Redbox Cinema Walgreens Pharmacy FedEx OnSite Postal Service

Suggested Use

Top Pick Electrical Service Cafe & Coffee Shop Locksmith Real Estate Agency Garden Center Carpet & Flooring Store

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

Lease Details

13,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

230
Businesses Nearby
Well-served
Demand for This Use

Demographics for 37091, TN

22,554
Population
9,963
Households
2.3
Avg Household Size
40
Median Age
21%
College-Educated
88%
High-School Grad
206.0 sq mi
ZIP Area
109
Density / Sq Mi
$61,887
Median Household Income
$41,418
Median Earnings
$885
Median Rent
$230,700
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
Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 758 N Ellington Pkwy, Lewisburg, TN 37091
  • Lora Underwood 758 N Ellington Pkwy, Lewisburg, TN 370912454
  • Joseph M. Johnson, PharmD 758 N Ellington Pkwy, Lewisburg, TN 37091
  • COVID-19 Drive-Thru Testing at Walgreens 758 N Ellington Pkwy, Lewisburg, TN 37091
  • Build Your Temple Nutrition 1287 N Ellington Pkwy Suite C, Lewisburg, TN 37091

Frequently Asked Questions

What type of property is this?
Drug store - Single-tenant Walgreens is leased on an absolute NNN structure with zero landlord obligations.
Where is this drug store located?
The property is located at 758 N Ellington Parkway Lewisburg, TN.
What are key features of this property?
This property features: 14,206 SF single‑tenant Walgreens building leased to Walgreens (WBA) on an absolute NNN lease; Lease has 10 years remaining on the initial term; Absolute NNN structure with zero landlord obligations per lease terms
(415) 231-5231 Call to check price and availability
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