740 KY-15 Jackson, KY 41339
Newly built Walgreens in Jackson, KY with drive-thru.
Type:Retail
Property size:
2,500 SF- Added:
- May 28, 2024
- Days on Market:
- 689
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 740 KY-15
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agent Sean Lutz License #IL 475132482
Listing office SRS Real Estate Partners Chicago
Listing date May 28, 2024
Source Crexi
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 SRS Real Estate Partners Chicago
Overview
New Walgreens with Drive-Thru
This newly constructed Walgreens property in Jackson, KY, features a drive-thru and is strategically located along State Highway 15, benefiting from high visibility and accessibility with approximately 14,000 vehicles passing daily. The property is near single-family communities and multi-family complexes including Federal Place Apartments and Red Bud Apartments. The surrounding area includes Citizens Bank, Advance Auto Parts, Hardee’s, Walmart, and Variety Pizza House. The property is one of Walgreens’ brand new “Cooper” prototype pharmacies, with a health and wellness focus. The tenant, Walgreen Co., has 7 years of firm term remaining with an additional 4 (5-year) option periods left to extend. The lease features rare 5% rental increases throughout the initial term and 7.50% increases throughout the options. The lease is signed by the corporate entity and is absolute NNN with zero landlord responsibilities. The 5-mile trade area is supported by over 5,900 residents and 2,800 daytime employees, with an average annual household income of $57,911. The property size is 2,500 square feet.
Location Intelligence
Current Use by Public Records
Drug stores
Similar Places Nearby
- Breathitt Prescription Center — 1112 Main St, Jackson, KY 41339
- Thomas J. Parr, RPh — 59 Highway 15 South, Jackson, KY 41339
- Dorrita Mullins, ARNP — 59 KY-15, Jackson, KY 41339
- Ranita Greer — 59 KY-15 N, Jackson, KY 41339
- Kelly Barker — 59 KY-15 N, Jackson, KY 413399631
Map
- City
- Jackson
- County
- Breathitt
- State
- Kentucky
- Longitude
- -83.3068
- Latitude
- 37.532
FAQs
What type of property is this?
Drug store - Newly built Walgreens in Jackson, KY with drive-thru.
Where is this drug store located?
The property is located at 740 KY-15 Jackson, KY.
What is the asking price?
The asking price for this property is $1,656,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, ideal for passive investors.; Corporate‑backed lease (S&P: BBB-) with Walgreen Co., providing stability.; **Newly built (2023) drive‑thru Walgreens property, featuring the new 'Cooper' prototype with a health and wellness focus.**
