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Walgreens 2060 GA Highway 40 E 14,809 SF Retail Building Kingsland, GA 31548 $5,055,398 CAD ($341.37 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Great visibility & access from signalized corner intersection | GA Highway 40 East & Kings Bay Rd | 36,000 VPD combined
- Absolute Net Lease | Zero landlord responsibilities
- Large parcel | 5.60 acres
- New 15-year lease extension | Showing tenant commitment to the site | Leased since 2008
- Corporate lease | Walgreen Co. | 8,700+ locations nationwide
- Explosive population growth within 1-mile | 128.23% from 2010- 2025
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Walgreens in Kingsland, GA. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,809 SF
Building Class
B
Year Built
2008
Price
$5,055,398 CAD
Price Per SF
$341.37 CAD
Cap Rate
6.50%
NOI
$328,608 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
5.60 AC
Zoning
Commercial
Parking
68 Spaces (4.59 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 121-003J | Improvements Assessment | $1,072,579 CAD |
| Land Assessment | $439,525 CAD | Total Assessment | $1,512,104 CAD |
PROPERTY TAXES
Parcel Number
121-003J
Land Assessment
$439,525 CAD
Improvements Assessment
$1,072,579 CAD
Total Assessment
$1,512,104 CAD
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Walgreens | 2060 GA Highway 40 E
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