Walgreens Drug Store with
For Sale
Contact for pricing
Pending
5320 Clinton Highway, Knoxville, TN 37912
Single-tenant net-leased retail property on a signalized corner with access from two major thoroughfares.
Property Size14,112 SF
Days on Market144
Property Features for 5320 Clinton Highway
General Information
Standard status
Pending
Size
14,112 SF
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Traffic Count
51,565 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 8:04PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
This 14,112-square-foot Walgreens is configured as a single-tenant net-leased drug store with a drive-through. The store has operated at the site since 2000 and includes eight 5-year renewal option periods. Walgreens is publicly traded on the Nasdaq Stock Market under the symbol WBA, and both Walgreen Co. and Walgreens Boots Alliance, Inc. carry a BBB Standard & Poor’s rating.
The property occupies the northeast corner of Clinton Highway and Merchant Drive in Knoxville, Tennessee, at a signalized intersection recording more than 51,565 vehicles per day. Interstate 75, Interstate 275, and Interstate 640 are each located one mile from the site, with full-access interchanges along Clinton Highway and Merchant Drive. Nearby national retailers include Walmart Supercenter, Target, Kroger, and Lowe’s Home Improvement, along with several quick-service restaurants.
Approximately 57,800 people live within a three-mile radius, and the surrounding interstate counts are 81,300 VPD on I-75, 61,490 VPD on I-275, and 81,410 VPD on I-640.
The property occupies the northeast corner of Clinton Highway and Merchant Drive in Knoxville, Tennessee, at a signalized intersection recording more than 51,565 vehicles per day. Interstate 75, Interstate 275, and Interstate 640 are each located one mile from the site, with full-access interchanges along Clinton Highway and Merchant Drive. Nearby national retailers include Walmart Supercenter, Target, Kroger, and Lowe’s Home Improvement, along with several quick-service restaurants.
Approximately 57,800 people live within a three-mile radius, and the surrounding interstate counts are 81,300 VPD on I-75, 61,490 VPD on I-275, and 81,410 VPD on I-640.
Key Highlights
- 14,112‑square‑foot Walgreens drug store with drive‑through
- Single‑tenant net‑leased property; Walgreens has operated at the site since 2000
- Eight 5‑year lease renewal option periods
Property Analytics
Property Profile
Current Use
Lease Details
51,565 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 37912, TN
22,313
Population
10,916
Households
2
Avg Household Size
36
Median Age
23%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
2,105
Density / Sq Mi
$44,754
Median Household Income
$30,859
Median Earnings
$1,050
Median Rent
$185,600
Median Home Value
Market
Vacancy Rate% for Retail in Knoxville, TN
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Similar Off Market Nearby
- CVS — 5401 Clinton Hwy, Knoxville, TN 37912
- CVS Pharmacy — 5401 Clinton Hwy, Knoxville, TN 37912, United States
- Norwood Pharmacy — 815 merchant dr # a, knoxville, tn 37912
- Spencer P. Cowart, Pharm — 5320 Clinton Hwy, Knoxville, TN 37912
- Kathryn Farmer — 5320 Clinton Hwy, Knoxville, TN 37912
Frequently Asked Questions
What type of property is this?
Drug store - Single-tenant net-leased retail property on a signalized corner with access from two major thoroughfares.
Where is this drug store located?
The property is located at 5320 Clinton Highway Knoxville, TN.
What are key features of this property?
This property features: 14,112‑square‑foot Walgreens drug store with drive‑through; Single‑tenant net‑leased property; Walgreens has operated at the site since 2000; Eight 5‑year lease renewal option periods
