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Walgreens 11343 US Highway 319 N 14,550 SF 4-Star Retail Building Thomasville, GA 31757 $7,677,560 CAD ($527.67 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Over 28,000 vehicles per day at the intersection
  • 2.32 acres
  • 25 year NNN lease with 10 - 5 year options

EXECUTIVE SUMMARY

I am blessed to bring to market this Walgreens in Thomasville, Georgia. Thomasville is the county seat of Thomas County and has over 46,000 people. This store is at the north corner of Highway 319 N - E Jackson Street. There are over 28,000 vehicles per day at the intersection. The 14,550 square foot building sits on 2.32 acres. The store opened August 1, 2008 and the 25 year initial term lease expires on July 31, 2033. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $330,000. The monthly rental income is $27,500. The CAP is 6% with a Sales Price of $5,500,000. Call me today for more information!

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$7,677,560 CAD
Price Per SF
$527.67 CAD
Cap Rate
6%
NOI
$460,654 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
2.32 AC
Zoning
Commercial - Commercial
Parking
55 Spaces (6.11 Spaces per 1,000 SF Leased)
Frontage
526’ on N Us-19

AMENITIES

  • Dedicated Turn Lane
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

Waffle House
Anytime Fitness
Ellianos Coffee
Synovus Financial Corp
Food Lion
Buddy's Home Furnishings
Guthrie's
Beef 'O' Brady's
First Bank
Renasant Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
045-293-A
Land Assessment
$684,452 CAD
Improvements Assessment
$1,014,692 CAD
Total Assessment
$1,699,145 CAD
  • Listing ID: 36216907

  • Date on Market: 2025-06-11

  • Last Updated:

  • Address: 11343 US Highway 319 N, Thomasville, GA 31757

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