Prime Location Adjacent to New Developments: Located near a newly built baseball stadium and a brand-new Publix, this Walgreens benefits from increased traffic and visibility in a rapidly growing area with ongoing residential and commercial development.
New Erlanger Park: The Chattanooga Lookouts minor league team is building a new $120 million stadium is just blocks from the Walgreens.
Strong Demographics & Steady Traffic: Over 110,000 residents within a 5-mile radius provide a dense consumer base in this established urban market. The site benefits from consistent exposure with approximately ±119,400 vehicles per day (VPD) traveling along I-24, driving daily traffic and supporting long-term retail performance.
High-Quality Construction on a Large Lot: The building features attractive brick construction and sits on a sizable parcel, offering exceptional curb appeal, long-term durability, and potential for future redevelopment or expansion.
Strong National Credit Tenant: Walgreens, a formerly publicly traded national pharmacy brand with strong credit, anchors the property. The tenant provides reliable income and draws daily traffic, enhancing the asset’s stability and long-term investment profile.