Log In/Sign Up
Your email has been sent.
Walgreens: Anniston, AL 1401 Golden Springs Rd 13,618 SF Retail Building Anniston, AL 36207 $5,227,783 CAD ($383.89 CAD/SF) 7.65% Cap Rate
Investment Highlights
- Absolute NNN Lease
- Proximate to I-20 Interchange
- 6.1 MSF of retail, 2.0 MSF of office, 5.7 MSF of industrial, 2,400 multifamily units and 1,514 hotel rooms within 5-miles
Executive Summary
Walgreens is positioned with excellent access and visibility on a hard corner at the signalized intersection of Greenbrier Dear Road (10,995 VPD) and US-431 (24,995 VPD). Additionally, the property is located near the I-20 interchange, providing regional accessibility to Birmingham (64.3 miles west) and Atlanta (85 miles east). Originally set to expire in 2034, Walgreens’ absolute NNN lease was extended through 2038 and now features ±12.3 years of primary term remaining with eleven, 5-year options to renew.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,618 SF
Building Class
B
Year Built
2008
Price
$5,227,783 CAD
Price Per SF
$383.89 CAD
Cap Rate
7.65%
NOI
$399,925 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.32 AC
Zoning
C - Commercial
Parking
56 Spaces (4.11 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-05-22-0-001-041.000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $427,152 CAD |
Property Taxes
Parcel Number
21-05-22-0-001-041.000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$427,152 CAD
Contacts
-
Thomas Carr -
Abby Kelly -
Brian Pfohl -
Christopher Bosworth -
Christopher Decoufle -
Katie Goldberg -
Leah Lindell -
Kaitlyn Wolf -
CBRE
1 of 7
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Walgreens: Anniston, AL | 1401 Golden Springs Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.