Walgreens

14659 N. US Highway 25 E | Corbin, KY 40701

Contact Brokers

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Reid Thedford
Senior Associate

Reid.Thedford@MarcusMillichap.com
(O) 813-387-4726
FL #SL3442474

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Jim Shiebler, CCIM, CEC

First Vice President Investments

Jim.Shiebler@MarcusMillichap.com

(O) 239.340.7811
FL #SL3347780

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James Garner, CCIM
First Vice President Investments
James.Garner@MarcusMillichap.com
(O) 813.387.4796
FL #SL3273659

Highlights

  • Absolute NNN - No Landlord Responsibilities

  • 11.6 Years Remaining on Base Term

  • Corporate Guaranteed Lease by Walgreens (NYSE: WBA)

  • Freestanding Drug Store Building with Drive-Thru

  • Limited Pharmacy Competition

  • $135B - Company Annual Revenue

Description

Marcus & Millichap is pleased to present Walgreens, a truly rare investment opportunity for an investor to purchase a truly iconic brand with a proven track record of success in the submarket of Corbin, KY. This location has a Walgreens corporate guaranteed NNN lease with no landlord responsibilities. Additionally, this location is a freestanding building with a drive-thru included. There is limited pharmacy competition in the surrounding area with local retailers such as Walmart, Lowe’s, Kroger, ALDI, PNC Bank, McDonald’s, Taco Bell, Sonic and more. This prime location has a variety of phenomenal core real estate drivers that ensure future appreciation and stability of the location.