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2060 GA Highway 40 E
Kingsland, GA 31548

$3,648,000 USD

Drugstore For Sale  •  14,748 SF

Property Details

• Property Type Drugstore
• Total Building Size 14,748 SF
• Lot Size 1.59 AC
• Building Class B
• Year Built 2008
• Cap Rate 6.50 %
• Tenancy Single
• Zoning 002

0 Transit Score

39 Walk Score

Highlights

Great visibility & access from signalized corner intersection | GA Highway 40 East & Kings Bay Rd | 36,000 VPD combined

New 15-year lease extension | Showing tenant commitment to the site | Leased since 2008

Absolute Net Lease | Zero landlord responsibilities

Corporate lease | Walgreen Co. | 8,886 locations nationwide

Large parcel | 1.59 acres

Located inside of dense retail corridor | 1.3 M SF within a 2-mile radius

Cap Rate:

6.50 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Walgreens	14,809 SF	2/28/2039

Amenities

• Pylon Sign
• Signage
• Signalized Intersection
• Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Jacksonville International	36 min	-	27.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	68
Type:	Surface
Included in Rent:	Yes