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Off Market
1/2

1400 Gunter Ave
Guntersville, AL 35976


HIGHLIGHTS

  • True NNN lease with 15 years guaranteed rent
  • True hard corner location with easy access
  • Clearly out positioned the CVS in town
  • Modern prototype design with drive-thru
  • One of the longer lease term Walgreens for sale today
  • Full guarantee by Walgreens corporation

OVERVIEW

This modern prototype, freestanding Walgreens with drive-thru is well positioned on the true hard corner of Gunter Avenue and Henry Street. The four-way intersection is really “Main and Main” in the town of Guntersville. Walgreens out-positioned the CVS/Pharmacy in town, which is across the street, but on the other end of the block at a quieter corner. This is a small town, where Walgreens serves as “the corner store” as much as a pharmacy. Other neighboring retailers besides CVS include Ag-Pro / NAPA Auto Parts (John Deere dealer), BB&T Bank, BancorpSouth Bank, Ace Hardware, Domino’s Pizza, and KFC. This is one of the longer lease term Walgreens available for sale in the market today.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

15 Year True NNN Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

13370

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

150210-4-004-070000,150210-4-004-071000,150210-4-004-072000,150210-4-004-072001