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Single-Tenant Walgreens Drug Store
For Sale
Contact for pricing
Pending

214 Broad Street, Elizabethton, TN 37643

Net-leased property supported by a Walgreens Company lease guarantee.

Property SizeContact for details
Days on Market144

Property Features for 214 Broad Street

General Information

Standard status Pending
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: CBRE - Detroit
Listed By: Peter Furest · License #NY 10401232530
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 31 at 3:58AM

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 CBRE - Detroit

Investment Insights

Based on property information with market context.

The property is a single-tenant Walgreens drug store offered as a fee-simple interest. Its lease is structured as a net lease, with the tenant’s obligations supported by a guarantee from Walgreens Company.

The asset is located at 214 Broad Street in Elizabethton, Tennessee, within ZIP code 37643. The offering combines an established drug-store use with a corporate lease guarantee and fee-simple ownership.

Key Highlights

  • Single‑tenant Walgreens drug store
  • Fee‑simple interest offered for sale
  • Net lease structure

Property Analytics

Current Use

Walgreens Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Pharmacy Pharmacy FedEx OnSite Postal Service COVID-19 Drive-Thru Testing ... Medical Laboratory

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply HVAC Service (Bike/Boat/Book/etc) Store Skin Care Clinic

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby
96k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 80% Shops & Services 19% Beauty & Spa 1%
McDonald's Dining
34,044 visits/mo 0.1 miles
Wendy's Dining
16,341 visits/mo 0.3 miles
Taco John's Dining
11,518 visits/mo 0.4 miles
KFC Dining
8,004 visits/mo 0.1 miles
Hardee's Dining
6,808 visits/mo 0.1 miles

Demographics for 37643, TN

33,752
Population
16,344
Households
2.1
Avg Household Size
45
Median Age
21%
College-Educated
89%
High-School Grad
131.1 sq mi
ZIP Area
257
Density / Sq Mi
$50,455
Median Household Income
$35,680
Median Earnings
$733
Median Rent
$156,200
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
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Similar Off Market Nearby

  • CVS 1161 US-19E, Elizabethton, TN 37643
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  • Glow Herbals Herb & Tea Shop 527 E Elk Ave Ste 1, Elizabethton, TN 37643
  • Michael H. Lingerfelt, RPH 609 E Elk Ave, Elizabethton, TN 37643

Frequently Asked Questions

What type of property is this?
Drug store - Net-leased property supported by a Walgreens Company lease guarantee.
Where is this drug store located?
The property is located at 214 Broad Street Elizabethton, TN.
What are key features of this property?
This property features: Single‑tenant Walgreens drug store; Fee‑simple interest offered for sale; Net lease structure
More about this property
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