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11343 US Highway 319 N
Thomasville, GA 31757
Walgreens · Retail Property For Sale
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
Building Size
14,550 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$7,592,035 CAD
Price Per SF
$521.79 CAD
Cap Rate
6%
NOI
$455,522 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
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 045-293-A | Improvements Assessment | $1,020,458 CAD |
| Land Assessment | $580,771 CAD | Total Assessment | $1,601,229 CAD |
Property Taxes
Parcel Number
045-293-A
Land Assessment
$580,771 CAD
Improvements Assessment
$1,020,458 CAD
Total Assessment
$1,601,229 CAD
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