Single-Tenant Walgreens
For Sale
Contact for pricing
Pending
4400 University Blvd E, Tuscaloosa, AL 35404
Single-tenant Walgreens on a hard corner parcel with an absolute NNN lease and multiple 5-year renewal options.
Lot Size2.00 Acres
Days on Market110
Property Features for 4400 University Blvd E
General Information
Standard status
Pending
Lot size
2.00 Acres
Property subtype
Retail
Additional Details
Traffic Count
30,000 vehicles/day
Building Details
Tenancy
Single
Listing Agency:
JLL Chicago | Americas Headquarters
Listed By:
Alex Sharrin · License #IL 475.170243
Source:
Crexi
Added: Apr 12
Changed: Jul 21
Last Checked: Jul 29 at 4:30PM
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 JLL Chicago | Americas Headquarters
Investment Insights
Based on property information with market context.
This offering is a single-tenant Walgreens property presented for sale as an absolute NNN investment. The asset is located on a 2-acre hard corner parcel and is positioned to benefit from clear visibility to over 30,000 VPD. Following escrow, Walgreens will execute a 15-year absolute NNN lease with contractual increases and (12) 5-year renewal options.
The property is located near the main campus of the University of Alabama and is positioned two blocks from the Tuscaloosa VA Medical Center. The adjacent shopping area is anchored by a grocery store, and the immediate corridor includes apartment buildings, businesses, hotels, and elementary schools.
The property is located near the main campus of the University of Alabama and is positioned two blocks from the Tuscaloosa VA Medical Center. The adjacent shopping area is anchored by a grocery store, and the immediate corridor includes apartment buildings, businesses, hotels, and elementary schools.
Key Highlights
- Single‑tenant Walgreens on a 2‑acre hard corner parcel in Tuscaloosa, AL
- 15‑year Absolute NNN lease with contractual increases to be executed at close of escrow
- Lease includes (12) 5‑year renewal options
Property Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
106k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 34%
Groceries 26%
Electronics 3%
Winn-Dixie
Groceries
27,943 visits/mo
0.1 miles
McDonald's
Dining
17,875 visits/mo
0.0 miles
Dollar Tree
Shops & Services
13,626 visits/mo
0.1 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
11,099 visits/mo
0.1 miles
Dollar General
Shops & Services
10,217 visits/mo
0.3 miles
Demographics for 35404, AL
20,982
Population
11,427
Households
1.8
Avg Household Size
30
Median Age
27%
College-Educated
89%
High-School Grad
16.6 sq mi
ZIP Area
1,264
Density / Sq Mi
$45,521
Median Household Income
$25,035
Median Earnings
$986
Median Rent
$175,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Curtis Ellery L — 3701 Loop Rd, Tuscaloosa, AL 35404
- Laronda W. Channell, RPH — 3701 Loop Rd, Tuscaloosa, AL 35404
- Kendra M. Brookshire, PharmD — 3701 Loop Rd, Tuscaloosa, AL 35404
- Holmes Eric P — 3701 Loop Rd, Tuscaloosa, AL 35404
- Jenester P. Mostella, PharmD — 3701 Loop Rd, Tuscaloosa, AL 35404
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant Walgreens on a hard corner parcel with an absolute NNN lease and multiple 5-year renewal options.
Where is this drug store located?
The property is located at 4400 University Blvd E Tuscaloosa, AL.
What are key features of this property?
This property features: Single‑tenant Walgreens on a 2‑acre hard corner parcel in Tuscaloosa, AL; 15‑year Absolute NNN lease with contractual increases to be executed at close of escrow; Lease includes (12) 5‑year renewal options
