Walgreens

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire the single tenant absolute NNN leased Walgreens Pharmacy in Hueytown, AL. Walgreens is one of the largest drugstore chains in the U.S. and operates over 9,000 stores in all 50 states, Washington D.C., Puerto Rico, and the U.S. Virgin Islands. The absolute NNN lease has over 12.7 firm lease years remaining in the primary term with twelve 5-year automatic renewal periods, 5% rent increases every 5 years, and zero landlord responsibilities. The 14,490 SF standalone building with a drive-thru on a large 1.5-acre parcel is strategically positioned on the hard corner signalized intersection of Allison-Bonnett Memorial Drive and Brooklane Drive which have a combined traffic count exceeding 33,400 VPD and prospers from excellent visibility and access. Nearby retailers include Walmart Supercenter, ALDI, Ace Hardware, AutoZone, CVS, McDonald’s, Taco Bell, KFC, Hardee’s, and more.

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