Walgreens Drug
For Sale
Contact for pricing
531 E Jackson Blvd, Jonesborough, TN 37659
Absolute net lease with approximately 13 years remaining and no landlord responsibilities.
Property SizeContact for details
Days on Market141
Property Features for 531 E Jackson Blvd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
RX Syndicate
Listed By:
Arthur Griffith · License #CA 01876378
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 9:01PM
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 RX Syndicate
Investment Insights
Based on property information with market context.
This fee-simple Walgreens drug store is subject to an absolute net lease with approximately 13 years remaining. The lease places no ongoing responsibilities on the landlord, and the tenant obligation includes a full Walgreens guaranty. The tenant is also described as carrying an investment-grade credit rating.
The property is located at 531 E Jackson Blvd in Jonesborough, Tennessee, at the intersection of East Jackson Blvd and Boones Creek Road. The surrounding intersection includes nationally recognized retailers, local and regional banks, and multiple health care centers within a few blocks. The store’s pharmacy use and established Walgreens tenancy define the asset’s commercial profile.
The property is located at 531 E Jackson Blvd in Jonesborough, Tennessee, at the intersection of East Jackson Blvd and Boones Creek Road. The surrounding intersection includes nationally recognized retailers, local and regional banks, and multiple health care centers within a few blocks. The store’s pharmacy use and established Walgreens tenancy define the asset’s commercial profile.
Key Highlights
- Fee‑simple Walgreens drug store
- Approximately 13 years remaining on the lease
- Absolute net lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
152k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 19%
Groceries 18%
Home Improvements & Furnishings 9%
Food City
Groceries
26,751 visits/mo
0.3 miles
McDonald's
Dining
25,316 visits/mo
0.1 miles
Shell
Shops & Services
14,619 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
13,253 visits/mo
0.2 miles
Cook Out
Dining
12,501 visits/mo
0.3 miles
Demographics for 37659, TN
29,313
Population
12,798
Households
2.3
Avg Household Size
45
Median Age
29%
College-Educated
92%
High-School Grad
126.9 sq mi
ZIP Area
231
Density / Sq Mi
$69,765
Median Household Income
$40,962
Median Earnings
$1,034
Median Rent
$241,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Olde Towne Pharmacy — 102 W Jackson Blvd, Jonesborough, TN 37659
- Walker M K — 102 W Jackson Blvd, Jonesborough, TN 37659
- Natasha Combs, PharmD — 417 Boones Creek Rd, Jonesborough, TN 37659
- Rallie D. Hurley, PharmD — 417 Boones Creek Rd, Jonesborough, TN 37659
- Mohemmed Gangat — 417 Boones Creek Rd, Jonesborough, TN 376595165
Frequently Asked Questions
What type of property is this?
Drug store - Absolute net lease with approximately 13 years remaining and no landlord responsibilities.
Where is this drug store located?
The property is located at 531 E Jackson Blvd Jonesborough, TN.
What are key features of this property?
This property features: Fee‑simple Walgreens drug store; Approximately 13 years remaining on the lease; Absolute net lease structure
