Walgreens Drug Store with Absolute NNN
For Sale
Contact for pricing
Pending
503 E Battle St, Talladega, AL 35160
A new long-term lease provides scheduled rental increases with no landlord responsibilities.
Property SizeContact for details
Days on Market144
Property Features for 503 E Battle St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Asking Price
$3,900,000
Building Details
Tenancy
Single
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 31 at 1:50AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
The property is a Walgreens drug store at 503 E Battle St in Talladega, Alabama. Walgreens has entered into a new 15-year absolute NNN lease, placing no landlord responsibilities under the lease structure. Rental increases of 5% occur every 5 years during the initial term and throughout each of the 12 five-year option periods.
The site is located half a mile from Brookwood Baptist Health’s Citizens Baptist Medical Center, a 122-bed full-service hospital supported by approximately 350 medical staff. Talladega is also home to Talladega Superspeedway, which can accommodate more than 175,000 spectators and contributes approximately $420 million in annual economic impact. The property is within the Birmingham CSA, a regional market with a population exceeding 1.4 million.
The site is located half a mile from Brookwood Baptist Health’s Citizens Baptist Medical Center, a 122-bed full-service hospital supported by approximately 350 medical staff. Talladega is also home to Talladega Superspeedway, which can accommodate more than 175,000 spectators and contributes approximately $420 million in annual economic impact. The property is within the Birmingham CSA, a regional market with a population exceeding 1.4 million.
Key Highlights
- Walgreens drug store at 503 E Battle St, Talladega, Alabama 35160
- New 15‑year absolute NNN lease
- 5% rental increases every 5 years
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
757
Businesses Nearby
90k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 68%
Shops & Services 30%
Electronics 1%
Burger King
Dining
13,778 visits/mo
0.3 miles
Dollar Tree
Shops & Services
12,467 visits/mo
0.4 miles
Zaxby's Chicken Fingers & Buffalo Wings
Dining
8,020 visits/mo
0.3 miles
SONIC Drive In
Dining
7,707 visits/mo
0.3 miles
Captain D's
Dining
6,193 visits/mo
0.5 miles
Demographics for 35160, AL
27,074
Population
13,147
Households
2.1
Avg Household Size
42
Median Age
16%
College-Educated
81%
High-School Grad
332.7 sq mi
ZIP Area
81
Density / Sq Mi
$50,007
Median Household Income
$32,821
Median Earnings
$772
Median Rent
$129,300
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Express Pharmacy — 320 Battle St W, Talladega, AL 35160
- CVS Pharmacy — 410 Battle St E, Talladega, AL 35160
- CVS — 410 Battle St E, Talladega, AL 35160
- James L. Dickinson, BS — 101 Asbury St, Talladega, AL 35160
- Walgreens Pharmacy — 503 Battle St E, Talladega, AL 35160
Frequently Asked Questions
What type of property is this?
Drug store - A new long-term lease provides scheduled rental increases with no landlord responsibilities.
Where is this drug store located?
The property is located at 503 E Battle St Talladega, AL.
What are key features of this property?
This property features: Walgreens drug store at 503 E Battle St, Talladega, Alabama 35160; New 15‑year absolute NNN lease; 5% rental increases every 5 years
