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Walgreens 11343 US Highway 319 N 14,550 SF 4-Star Retail Building Thomasville, GA 31757 $7,518,775 CAD ($516.75 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

LoopNet Rating

4 Star

Year Built

2008

Price

$7,518,775 CAD

Price Per SF

$516.75 CAD

Cap Rate

NOI

$451,127 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

Dedicated Turn Lane

Signalized Intersection

Drive Thru

Retailer
99,999 SF
-
Lorem Ipsum
Jan 0000

Walgreens is a major U.S. pharmacy and retail chain founded in 1901 in Chicago, Illinois. The company operates thousands of locations across the United States, providing prescription medications, over-the-counter drugs, health and wellness products, and convenience items. Walgreens also offers services such as immunizations, health screenings, and photo processing. The company has expanded its healthcare offerings through partnerships and in-store clinics, aiming to integrate pharmacy services with broader health solutions. Walgreens is part of Walgreens Boots Alliance, a global pharmacy-led health and wellbeing enterprise.