805 W Madison Ave Athens, TN 37303

This exceptional investment opportunity presents a 14,550-square-foot Walgreens located at 805 W Madison Ave, Athens, TN 37303. The property boasts a 75-year absolute NNN lease, commencing September 1, 2005, and expiring August 31, 2080, leaving a substantial remaining term of 55.8 years. The single-tenant building, constructed in 2005, sits on approximately 1.64 acres and enjoys 100% occupancy. The property generates a strong net operating income (NOI) of $265,000 annually, resulting in an attractive 6.17% capitalization rate. The asking price is $4,294,975, translating to a price per square foot of $295.19. Situated in Athens, the county seat of McMinn County, this Walgreens benefits from a population exceeding 50,000 in the Athens metro area. Its strategic location in southeastern Tennessee, between Chattanooga and Knoxville, ensures high visibility and accessibility. This is a rare opportunity to acquire a secure, long-term, high-performing retail investment with a nationally recognized tenant. The property's strong financials and prime location make it an ideal addition to any diversified investment portfolio.