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8035 E Shelby Dr
Memphis, TN 38125

$3,662,500 USD

Drugstore For Sale  •  14,490 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,490 SF
  • Lot Size 1.66 AC
  • Building Class B
  • Year Built 2002
  • Tenancy Single
  • Zoning AG
0 Transit Score
38 Walk Score

Highlights

Absolute Net Lease | Zero Landlord Responsibilities
Long Term Operating History | Tenant Has Served This Community for 23+ Years
Corporate Guarantee | 6.2% Revenue Growth for Fiscal Year Ending 8/31/24 Reaching 147.7 Billion
Prototype Walgreens Store Format with Drive-Thru
Hard Corner Signalized Intersection Location - Situated a the Intersection of E. Shelby Drive & Hacks Cross Road, Benefiting from 77,488 Cars per day
Dense Affluent Demographics Average Household Incomes are $90,000+ within a 1-Mile Radius, with a Population in Excess of 145,000 People in 5-Mile

Amenities

  • Bus Line
  • Signage
  • Signalized Intersection
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Memphis International 21 min - 12.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 75
Type: Surface
Included in Rent: Yes
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services