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1402 Boone St 11,945 SF Retail Building Kingsland, GA 31548 $2,818,685 CAD ($235.97 CAD/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Lowe's Outparcel
  • Absolute NNN Ground Lease
  • Dense Demographic Base
  • Proximity to Medical Centers
  • Premier Location with Proximity to Major Economic Drivers
  • Lack of Competition

EXECUTIVE SUMMARY

Northmarq, on behalf of ownership, is pleased to offer for sale to qualified investors the Ground Lease interest in this CVS Pharmacy located at 1402 Boone St, Kingsland,
GA 31548 (the “Property”). There are ± 4 years remaining on CVS’ Absolute NNN Ground lease with no landlord responsibilities.
The Property is located within Kingsland, GA as an outparcel to Lowe’s Home Improvement. The Property is directly adjacent to a Peachtree Immediate Care and less than 2.5 miles from a 40-bed emergency hospital. This is the only CVS property within Kingsland, GA and benefits from a dense demographic base within a 5-mile radius.

ATTACHMENTS

Download OM

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,945 SF
Building Class
C
Year Built
2008
Price
$2,818,685 CAD
Price Per SF
$235.97 CAD
Cap Rate
6.50%
NOI
$183,215 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.83 AC
Zoning
C1 - Commercial
Parking
68 Spaces (5.69 Spaces per 1,000 SF Leased)
Frontage
249’ on Boone Avenue Ext

AMENITIES

  • Corner Lot
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Drive Thru
  • Wheelchair Accessible

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 11,945 SF
  • $15.34 CAD
  • Triple Net
  • Jan 2029

CVS Health construit un monde de santé autour de chaque consommateur. Leur portée inégalée leur permet d'offrir des soins de santé abordables et de haute qualité au moment et de la manière dont les individus le souhaitent. Ils ont pour mission d'offrir des expériences supérieures et plus connectées, de réduire le coût des soins et d'améliorer la santé et le bien-être des personnes qu'ils servent. En tant que chef de file dans le domaine des solutions de santé, elle offre de multiples canaux d'accès aux soins de santé à l'échelle locale et nationale. Leur forte présence communautaire, leur approche avant-garDISTE et leur engagement inégalé auprès de millions de personnes leur permettent de fournir des soins de santé de haute qualité, personnalisés et abordables. Guidé par son objectif, CVS Health® construit un monde entier de soins de santé autour de chaque personne qu'elle sert, peu importe où elle se trouve dans son parcours. Ils écoutent, font preuve d'empathie et offrent des solutions novatrices qui répondent aux besoins uniques des gens et gagnent leur fidélité. Parce que la façon dont ils fournissent leurs services est tout aussi importante que ce qu'ils fournissent.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 11,945 SF $15.34 CAD Triple Net Jan 2029

NEARBY MAJOR RETAILERS

Anytime Fitness
Starbucks
Sonny"s Real Pit Bar B-Q
LongHorn Steakhouse
Ruby Tuesday
Zaxby's
Freddy's
Publix
Camden Cross Fit
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
108-003B
Land Assessment
$480,104 CAD
Improvements Assessment
$664,302 CAD
Total Assessment
$1,144,406 CAD
  • Listing ID: 34886852

  • Date on Market: 2025-02-20

  • Last Updated:

  • Address: 1402 Boone St, Kingsland, GA 31548

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