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Walgreens 200 W Maplewood Ln 14,700 SF Retail Building Nashville, TN 37207 $3,401,033 CAD ($231.36 CAD/SF) 7.25% Cap Rate

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Investment Highlights

  • Absolute NNN Lease | Recently-Extended Through 2038 | Eleven, 5-Year Renewal Options
  • Surrounded by Retail Synergies | Walmart Supercenter, Lowe's Home Improvement, Rainbow Shops, Dollar Tree, Family Dollar, etc.
  • 1-Mile from TriStar Medical Center (353 Beds)
  • Excellent Access & Visibility | Signalized Hard Corner Intersection of Maplewood Lane and US-41 (21,450 VPD)
  • Primary Retail & Commercial Corridor | 4.2 MSF of Retail, 1.5 MSF of Office, 7.4 MSF of Industrial & 11,318 Multifamily Units within 3-Miles
  • Nashville MSA (MSA Population 2.19M+)

Executive Summary

CBRE is pleased to offer for sale the 14,700-square-foot Walgreens positioned on 1.56 acres in Nashville, TN (MSA Population: 2.19M+). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.4 years of primary term remaining with eleven, 5-year options to renew.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,700 SF
Building Class
C
Year Built
2008
Price
$3,401,033 CAD
Price Per SF
$231.36 CAD
Cap Rate
7.25%
NOI
$246,571 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.56 AC
Zoning
CS - Commercial
Parking
73 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
372’ on Maplewood

Nearby Major Retailers

Waffle House
Bank of America
Regions Bank
Truist
Starbucks

Property Taxes

Property Taxes

Parcel Number
060-04-0-110
Land Assessment
$559,561 CAD
Improvements Assessment
$1,243,847 CAD
Total Assessment
$1,803,408 CAD
  • Listing ID: 39488827

  • Date on Market: 2026-02-19

  • Last Updated:

  • Address: 200 W Maplewood Ln, Nashville, TN 37207

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