Property summary
This exceptional investment opportunity presents a fee-simple, 14,470 square-foot Walgreens located at 132 E. Broadway Blvd, Jefferson City, Tennessee, 37760. The property sits on a 1.6-acre lot and boasts a strong 8.25% cap rate, generating a net operating income (NOI) of $379,500. This 24-hour Walgreens, built in 2005, is consistently ranked within the top 10% of all Walgreens nationwide for customer visits, according to Placer.Ai, demonstrating exceptional performance with approximately… $3.25 million in annual sales. The absolute NNN lease with Walgreens has a remaining term of 5.4 years, followed by ten 5-year renewal options, providing long-term stability and predictable cash flow. The property benefits from its strategic location within a thriving retail corridor encompassing over 964,000 square feet of retail space, including national tenants such as Tractor Supply Co., CVS, Walmart, Lowe's, and more. Its proximity to Jefferson Memorial Hospital (two miles east), Carson-Newman University (less than half a mile), and a Fortune 500 company, Oshkosh Corporation, further enhances its desirability. The absence of competing Walgreens within an 11-mile radius solidifies its market dominance. This property offers a compelling combination of high-performing tenant, strong location, and significant long-term potential. The property is conveniently located along US Route 11E, providing easy access to Knoxville and Morristown.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 15,594 SF
- Lot area
- 1.6 ac
- Year built
- 2004
- Stories
- 1
- APN
- 023E E 01700
- Zoning
- R-1
- Assessed value · 2023
- $868,760
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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