4400 University Blvd E Tuscaloosa, AL 35404

Listing agency JLL Chicago | Americas Headquarters

Listed by Alex Sharrin · License #IL 475.170243

Source Crexi

Added: Apr 12 Updated: Jul 21 at 2:16PM Checked: Jul 21 at 2:16PM

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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.

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

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• Curtis Ellery L — 3701 Loop Rd, Tuscaloosa, AL 35404
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FAQs

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