top of page
Listing Detail

Walgreens, Memphis, TN

Investment Highlights

  • Sought-after NNN lease with a corporate guarantee from Walgreens,  an investment-grade tenant 

  • Over 12 years of base term remaining plus nine five-year options 

  • Attractive assumable financiang available | 3.89% Rate | ~ $3.2 Million Remaining 

  • Strong retail location at a signalized corner with traffic counts over  26,000 VPD, across from a Kroger-anchored shopping center, adjacent  to a McDonald’s, and less than a mile from Nike’s North America Logistics Campus 

  • Zero Landlord Responsibility


Memphis, TN

Type: Net Lease
Tenant: Walgreens
List Price: $6,750,000
Lease Type: Absolute Net
Price/SF: $464
Cap Rate: 5.60%

Investment Overview

Download Offering Memorandum

Exclusively listed by



David O'Keefe

First Vice President Investments

License: CA 01928739

(424) 405-3844

bottom of page