2655 Frayser Blvd
Memphis, TN 38127
Walgreens Memphis, TN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term 15 Year Triple Net (NNN) Lease Investment Opportunity With Zero Landlord Responsibilities
- Strong Demographics With a Population of 55,164 Residents Within a 3-Mile Radius of the Property
- Corporate Guaranty - Walgreen Co. (S&P: BBB), a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA), Operates 9,175 Stores Across 50 States
- Strategically Positioned on a Signalized Corner With Dual Access Off Frayser Blvd and Range Line Rd With a Combined Traffic Count of Over 27,885 VP
- Population Jumps to Over 142,957 Residents Within a 5-Mile Radius of the Property
- Adjacent to the Kroger Anchored Frayser Village Shopping Center
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2010
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.53 AC
Zoning
C-L - Commercial
Parking
50 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 2655 FRAYSER BLVD , MEMPHIS, TN 38127
In Cooperation With Sands Investment Group Tennessee, LLC BoR: Kaveh Ebrahimi - Lic. #263973
PROPERTY TAXES
| Parcel Number | 07-2107-0-0306C | Improvements Assessment | $650,640 |
| Land Assessment | $149,360 | Total Assessment | $800,000 |
