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Walgreens Guntersville, AL


1400 Gunter Ave Guntersville, AL 35976
Walgreens Guntersville, AL


SQ FEET 13,370

CAP RATE 6.75%


Investment Highlights

Stable Investment Grade Corporate Lease
Walgreens, publicly traded on NASDAQ with annual revenues surpassing $139 billion in 2020, signed a firm 25-year lease that extends through November 2034, ensuring long-term stability.


Strong Credit Rating
The tenant boasts a BBB credit rating by Standard & Poor’s, indicating a reliable investment backed by a financially robust corporation.


Strategic Location
Situated on a hard corner with a drive-thru, the site benefits from excellent exposure and accessibility along the area’s main traffic arteries, enhancing customer convenience.


High Traffic Volume
Positioned along one of the city’s main retail corridors, the site sees combined daily traffic counts exceeding 40,200 vehicles, promising high visibility and customer flow.


Reduced Competition
With the nearest Walgreens 9 miles away, this location enjoys a competitive advantage, boosting customer retention and sales due to its local convenience.

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