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Walgreens 2 W Main St 11,363 SF Retail Building Claxton, GA 30417 $2,120,616 CAD ($186.62 CAD/SF) 8.50% Cap Rate
Investment Highlights
- Recent Lease Extension | Corporate Guaranteed Lease | Options To Extend | Drive-Thru Equipped | Long Operating History
- Signalized, Hard Corner | Excellent Frontage & Visibility | Located Near National/Credit Tenants
- NN Lease| Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
Executive Summary
• Walgreens Corporate Guaranteed Lease
• The property is drive-thru equipped, offering added customer convenience and supporting future redevelopment potential
• Recently extended lease term with approximately 6 years remaining through June 2032 with five (5-year) option periods to extend,
• The tenant has operated at this location since 1997, demonstrating the tenant’s commitment to the site
• The property is drive-thru equipped, offering added customer convenience and supporting future redevelopment potential
• Recently extended lease term with approximately 6 years remaining through June 2032 with five (5-year) option periods to extend,
• The tenant has operated at this location since 1997, demonstrating the tenant’s commitment to the site
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,363 SF
Building Class
C
Year Built/Renovated
1997/2002
Price
$2,120,616 CAD
Price Per SF
$186.62 CAD
Cap Rate
8.50%
NOI
$180,301 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
50 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
453’ on Main St
Amenities
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
-
Jan 0000
Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | C23-127 | Improvements Assessment | $578,054 CAD |
| Land Assessment | $74,455 CAD | Total Assessment | $652,510 CAD |
Property Taxes
Parcel Number
C23-127
Land Assessment
$74,455 CAD
Improvements Assessment
$578,054 CAD
Total Assessment
$652,510 CAD
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Walgreens | 2 W Main St
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