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4420 N Ocoee St
Cleveland, TN 37312

$4,215,000 USD

Drugstore For Sale  •  14,466 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,550 SF
• Lot Size 2.98 AC
• Building Class C
• Year Built 1995
• Cap Rate 7.25 %
• Tenancy Single
• Zoning PI

0 Transit Score

58 Walk Score

Highlights

Walgreens Corporate Guarantee | Long Term Absolute NNN Lease

More than 9+ Years Remaining | Recently Executed Lease Demonstrating Strong Site Commitment

Rare Rental Increases in Initial Term & Option Periods | 5% Every Five-Years

Hard Signalized Corner Location with Great Visibility | Visible to over 37,115 Vehicles/Day

Fee Simple Allowing for Depreciation

35 Miles from Downtown Chattanooga | Tennessee Is a No Income Tax State

Property Flyers

Walgreens-Cleveland-TN-om-ib (2)

Cap Rate:

7.25 %

Public Transportation

Airport	Drive	Walk	Distance
Lovell Field	39 min	-	27.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	40
Type:	Surface
Included in Rent:	Yes