Walgreens Drug Store with
For Sale
Contact for pricing
3140 U.S Highway 280, Alexander City, AL 35010
An absolute NNN lease includes corporate backing and no landlord responsibilities.
Property SizeContact for details
Days on Market145
Property Features for 3140 U.S Highway 280
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
31,900 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners New York
(973) 632-1386
Listed By:
Britt Raymond · License #NY 10491212709
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 31 at 2:40AM
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 New York
Investment Insights
Based on property information with market context.
This fee-simple Walgreens property includes both the land and building, along with an on-site drive-through. The absolute NNN lease places no landlord responsibilities on the owner and carries a corporate guarantee. Approximately 17 years remain in the initial lease term, followed by five additional five-year extension options.
The store occupies a signalized corner at the intersection of U.S. Highway 280 and Rockford Highway in Alexander City, Alabama. The site records 31,900 vehicles passing daily and benefits from visibility and access associated with its corner position. Nearby national and credit retailers include Walmart, Winn Dixie, O’Reilly Auto Parts, AutoZone, Dollar Tree, Dollar General, Harbor Freight Tools, and Tractor Supply Company. The surrounding five-mile trade area has approximately 16,000 residents.
The store occupies a signalized corner at the intersection of U.S. Highway 280 and Rockford Highway in Alexander City, Alabama. The site records 31,900 vehicles passing daily and benefits from visibility and access associated with its corner position. Nearby national and credit retailers include Walmart, Winn Dixie, O’Reilly Auto Parts, AutoZone, Dollar Tree, Dollar General, Harbor Freight Tools, and Tractor Supply Company. The surrounding five-mile trade area has approximately 16,000 residents.
Key Highlights
- Walgreens fee‑simple ownership includes the land and building
- Absolute NNN lease with corporate guarantee and zero landlord responsibilities
- Approximately 17 years remain in the initial lease term
Property Analytics
Current Use
Lease Details
31,900 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 35010, AL
20,271
Population
10,648
Households
1.9
Avg Household Size
44
Median Age
18%
College-Educated
82%
High-School Grad
222.7 sq mi
ZIP Area
91
Density / Sq Mi
$48,744
Median Household Income
$35,619
Median Earnings
$702
Median Rent
$129,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drug store - An absolute NNN lease includes corporate backing and no landlord responsibilities.
Where is this drug store located?
The property is located at 3140 U.S Highway 280 Alexander City, AL.
What are key features of this property?
This property features: Walgreens fee‑simple ownership includes the land and building; Absolute NNN lease with corporate guarantee and zero landlord responsibilities; Approximately 17 years remain in the initial lease term
