Fred's Pharmacy - Mount Pleasant, TN
700 N Main St
Fred's Pharmacy - Mount Pleasant, TN - Retail for sale
Strong Retail Positioning
•The Asset is positioned along North Main Street in the undoubted premier retail corridor of Mount Pleasant. With tenants such as McDonald’s, Shell, and Dollar General all in the immediate corridor, residents of Mount Pleasant and the surrounding area are drawn to this stretch of main street for their retail and pharmacy needs.
•All Mount Pleasant Community Schools are immediately across the street from the Property, allowing it to benefit from commuter traffic from across the region as well as those seeking discount retail or pharmaceutical services on their way home from school or picking up their children.
Rapidly Expanding Market
•Nashville has been on of the nations most rapidly expanding markets, growing at over 100 people per day – a benchmark which few markets can tout. This growth has helped surrounding cities such as Mount Pleasant to benefit and continued growth is on the horizon. Mount Pleasant is expected to outpace the national population growth average by 50% over the next five years.
Strong Regional Saturation
§Fred’s is the fourth largest drug store chain in the nation, with approximately 300 chains across the southeast. The Company has a dominant presence in rural communities in the southeast, positioning themselves as the primary resource for discount retail and pharmaceutical services in the region.
|Property Subtype||Single Tenant / Stand-alone|
|Tenure Type||Sale / Purchase|
|Property Address||700 N Main St, Mount Pleasant, TN 38474-1016|
|Land In Acres||1.77|
|Building Size||1.77 ac|
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