Available For Sale - Retail

83,461 SF | Show Pricing $

AVAILABILITY DETAILS

Size
83,461 SF
Price/SF
Show Pricing $
Listing ID
SA398545
Notes
"Cap Rate 7.5%

NOI $347,760

Building Size 15,110 sqft

Lot Area 83,461 sqft

Occupancy 100%

Year Built 2001

Price Per Sqft $306

Tenancy Single

Lease Expire Year 11/30/2026



HIGHLIGHTS

• STABLE INCOME - Income guaranteed by Walgreens parent corporate (S&P BBB) investment grade Top 20 Fortune 500 Company with over 9,800 locations.

• RECENT 5 YR OPTION EXERCISED - Walgreens approved the first 5-yr option after 19+ yrs of successful operating history at the location.

• TOP 10 ATLANTA MSA LOCATION - Located 28 miles SE of downtown Atlanta, and is part of the Atlanta MSA, the largest in GA and 9th largest in the US.

• NEAR NEW RESIDENTIAL DEVELOPMENTS - There are ±600 new single-family homes recently built within a 2-mile radius of the subject property.

• ACROSS FROM TO KROGER ANCHORED CENTER - Located on main arterials through McDonough directly across a Kroger anchored shopping.

• TRAFFIC COUNTS - Located at the corner of Jonesboro Rd & McDonough Pkwy with a combined traffic count of ±38,454 VPD, near I-75 with ±146,000 VPD.

• HIGH INCOME AREA - The average household income is $86,192 5-mile radius and total population is 85,106 in a 5-mile radius."
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Jason Pongsrikul, Pharma Property Group