Walgreens Absolute NNN
For Sale
Contact for pricing
Pending
485 W 4th St, Russellville, KY 42276
Long-term lease includes recurring 5% increases and drive-through access.
Property SizeContact for details
Days on Market141
Property Features for 485 W 4th St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Traffic Count
6,074 vehicles/day
Listing Agency:
Marcus & Millichap - Nashville
Listed By:
Jason Hernandez · License #CA 01392646
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 6:33PM
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 Marcus & Millichap - Nashville
Investment Insights
Based on property information with market context.
The property at 485 W 4th St operates under an absolute NNN lease with Walgreen Co. as tenant and lease guarantor. The structure places landlord management and maintenance obligations with the tenant. Contractual rent increases of 5% occur every five years during the original term, with the same increases applying across 12 additional five-year renewal options if exercised.
A drive-through lane supports customer service from vehicles. The building occupies a four-way signalized corner on W. 4th Street in central Russellville, with reported traffic of 6,074 average daily vehicles. The site is near City Hall, national retailers, and residential areas, while a Piggly Wiggly-anchored shopping center is one block south. Nearby businesses include Sherwin-Williams, U.S. Bank, Family Dollar, NAPA Auto Parts, Truist Bank, and Papa John’s Pizza.
A drive-through lane supports customer service from vehicles. The building occupies a four-way signalized corner on W. 4th Street in central Russellville, with reported traffic of 6,074 average daily vehicles. The site is near City Hall, national retailers, and residential areas, while a Piggly Wiggly-anchored shopping center is one block south. Nearby businesses include Sherwin-Williams, U.S. Bank, Family Dollar, NAPA Auto Parts, Truist Bank, and Papa John’s Pizza.
Key Highlights
- Absolute NNN lease with no landlord management or maintenance responsibilities
- 5% rent increases every 5 years during the original term and 12 five‑year renewal options
- Walgreen Co. guarantees the lease; Walgreens Boots Alliance, Inc. does not
Property Analytics
Property Profile
Current Use
Lease Details
6,074 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
82k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 59%
Dining 32%
Home Improvements & Furnishings 6%
Electronics 3%
SONIC Drive In
Dining
15,795 visits/mo
0.5 miles
FiveStar Food Mart
Shops & Services
14,841 visits/mo
0.2 miles
Russellville
Shops & Services
14,282 visits/mo
0.4 miles
KFC
Dining
6,803 visits/mo
0.5 miles
Shell
Shops & Services
6,789 visits/mo
0.4 miles
Demographics for 42276, KY
14,897
Population
6,799
Households
2.2
Avg Household Size
42
Median Age
16%
College-Educated
90%
High-School Grad
205.1 sq mi
ZIP Area
73
Density / Sq Mi
$63,586
Median Household Income
$36,511
Median Earnings
$741
Median Rent
$156,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Long-term lease includes recurring 5% increases and drive-through access.
Where is this nnn property located?
The property is located at 485 W 4th St Russellville, KY.
What are key features of this property?
This property features: Absolute NNN lease with no landlord management or maintenance responsibilities; 5% rent increases every 5 years during the original term and 12 five‑year renewal options; Walgreen Co. guarantees the lease; Walgreens Boots Alliance, Inc. does not
