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Walgreens 575 Dacula Rd 14,820 SF Retail Building Dacula, GA 30019 $5,958,010 CAD ($402.02 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with Rental Growth
- Growing Affluent Consumer Base
- Strong Corporate Guarantee
EXECUTIVE SUMMARY
Surmount is pleased to present the exclusive listing for a Walgreens located at 575 Dacula Road, Dacula, Georgia 30019. The site consists of roughly 14820 rentable square feet of building space on an estimated 1.89-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/23/2023. The current annual rent is $266,760 and has scheduled increases of 5.00% Every 5 Years.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
C
Year Built
2008
Price
$5,958,010 CAD
Price Per SF
$402.02 CAD
Cap Rate
6.25%
NOI
$372,376 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.89 AC
Zoning
AA010, C2-GENERAL
Frontage
169’ on Dacula Rd
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5-273-539 | Improvements Assessment | $920,991 CAD |
| Land Assessment | $256,075 CAD | Total Assessment | $1,177,066 CAD |
PROPERTY TAXES
Parcel Number
5-273-539
Land Assessment
$256,075 CAD
Improvements Assessment
$920,991 CAD
Total Assessment
$1,177,066 CAD
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Walgreens | 575 Dacula Rd
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