Drugstore For Sale • 11,220 SF
| LOW PRICE POINT WALGREENS INVESTMENT - Rare opportunity to acquire a Walgreens at a low basis. |
| CORPORATE CREDIT RATED TENANT - Corporately Guaranteed Lease by Walgreens Boots Alliance (WBA) is a publicly traded company with a BBB- Credit Rating. |
| SITE COMMITMENT - The tenant signed a 10 year lease extension in 2017, showing their long term commitment to this location. |
| LARGE FUTURE RENTAL INCREASE - There is a 20% rental increase available in 2027 |
| MINIMAL LANDLORD RESPONSIBILITY - NN Lease with Landlord responsible for roof and structure only. The Landlord replaced the roof in 2017. |
| ATLANTA, GA MSA - Griffin is part of the Atlanta Georgia MSA, home to the #1 Busiest Airport in the World and the 9th largest Economy in the US. |
| Cap Rate: | 5.65 % |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Hartsfield - Jackson Atlanta International | 51 min | - | 31.9 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 45 |
| Type: | Surface |
| Included in Rent: | Yes |