Listing Agency: Marcus & Millichap - San Diego a***@marcusmillichap.com Show Phone

Listed By: Alvin Mansour · License #TX 0606255

Source: Crexi

Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 10:08AM

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Investment Insights

Based on property information with market context.

The subject property is an 8,726-square-foot Getwell Drug & Dollar (Fred's Pharmacy) in Tompkinsville, Kentucky. Fred's Pharmacy is under a twelve-year net lease that commenced in November 2013. The lease includes five percent rental increases at each of the three five-year option periods.

Fred's Stores of Tennessee, Inc is a direct subsidiary of Fred's, Inc. (NASDAQ: FRED). Fred's is a publicly traded company with annual revenue in excess of $2.12 billion, 10,000+ team members, and operations totaling 628+ locations across fifteen states, and is currently ranked the number four retail drugstore chain in the country.

The property offers a straightforward single-tenant pharmacy configuration under the described net lease structure and scheduled increases.

Key Highlights

• 8,726 SF Getwell Drug & Dollar (Fred's Pharmacy) single‑tenant, net‑leased property in Tompkinsville, Kentucky
• 12‑year net lease commenced in November 2013 with Fred's Pharmacy as the tenant
• Lease includes 5% rental increases at each of the three 5‑year option periods

Property Analytics

Current Use

Dollar General Discount Store Western Union Bank

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Kitchen & Bath Showroom Furniture & Home Goods Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

312

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 42167, KY

8,057

Population

3,756

Households

2.1

Avg Household Size

44

Median Age

14%

College-Educated

81%

High-School Grad

204.0 sq mi

ZIP Area

39

Density / Sq Mi

$45,388

Median Household Income

$34,106

Median Earnings

$623

Median Rent

$125,300

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

• Harrison Pharmacy — 606 N Main St, Tompkinsville, KY 42167
• Bushong Family Pharmacy — 709 N Main St, Tompkinsville, KY 42167
• Kem D. Coe, RPh — Tompkinsville, KY 42167
• Andrea M. Mcalpin, RPH — 529 Capp Harlan Road, Tompkinsville, KY 42167, Tompkinsville, KY 42167
• Deborah K. Bentley, Pharm — 529 Capp Harlan Road, Tompkinsville, KY 42167, Tompkinsville, KY 42167

Frequently Asked Questions

What type of property is this?

Drug store - Getwell Drug & Dollar (Fred's Pharmacy) is a single-tenant, net-leased drugstore property with a 12-year term.

Where is this drug store located?

The property is located at 509 N Main St. Tompkinsville, KY.

What are key features of this property?

This property features: 8,726 SF Getwell Drug & Dollar (Fred's Pharmacy) single‑tenant, net‑leased property in Tompkinsville, Kentucky; 12‑year net lease commenced in November 2013 with Fred's Pharmacy as the tenant; Lease includes 5% rental increases at each of the three 5‑year option periods