Entity Owned Property summary
This exceptional investment opportunity presents a 13,650 square foot Walgreens, situated on a 1.25-acre lot at 805 W Main St, Livingston, TN 38570. The property boasts a strong 10.8 years remaining on a triple-net (NNN) lease, commencing September 1, 2022, and expiring August 31, 2035. The lease includes 12 five-year renewal options, each with a favorable 5% rent increase. This ensures a stable and appreciating income stream for the investor. The tenant, Walgreens (WBA on NASDAQ), provides… a corporate guarantee, mitigating risk. The property enjoys excellent visibility and access along Main Street, a high-traffic area with over 19,621 vehicles per day (VPD). Its strategic location within the main retail corridor, adjacent to Subway and across from McDonald's and American Bank & Trust, further enhances its appeal. The property also benefits from proximity to other key businesses, including Dollar Tree, the United States Post Office, and Livingston Regional Hospital (114 beds), less than a mile away. The property features 62 parking spaces and was built in 2008. The current asking price is $3,315,000, representing a price per square foot of $242.86 and a compelling 7.00% cap rate based on a net operating income (NOI) of $232,050. Livingston is part of the Cookeville Micropolitan Statistical Area (population 117,267) and the county seat of Overton County (population 22,864), an area known for its natural attractions including two state parks and Dale Hollow Lake. This is a rare opportunity to acquire a high-performing, low-maintenance, and secure net lease investment with significant long-term growth potential.
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 · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
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
- 13,578 SF
- Lot area
- 1.25 ac
- Year built
- 2008
- Stories
- 1
- APN
- 067054I A 00300
- Zoning
- C-3
- Assessed value · 2023
- $614,480
- Annual tax · 2023
- $22,670
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
Registration is required before the official district profile is shown.
Official district profile
The purpose of this district is to provide any retail or wholesale business or service use including service stations, funeral homes, offices and financial institutions, auto sales, packaged feed and seed stores, furnitu…
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
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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