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Atlanta MSA Walgreens | High Traffic | 9 CAP 590 Thornton Rd 13,614 SF Retail Building Lithia Springs, GA 30122 $5,504,113 CAD ($404.30 CAD/SF) 9% Cap Rate



INVESTMENT HIGHLIGHTS
- Frontage on Thornton Road (47,300 VPD) and Maxham Road (32,400 VPD).
- Douglas County is part of Amazon Web Services’ $11 billion investment in Georgia’s cloud and data center infrastructure.
- Thornton Road/State Route 6 serves as the main retail corridor in this market with a strong mix of complimentary national and regional tenants.
- Close proximity to Amazon ATL8, Lineage Logistics, GXO Logistics, and Medline distribution centers, with ±24.9 million square feet of industrial space
- Absolute triple-net (NNN) lease through September 2028 with ten (5-year) renewal options.
EXECUTIVE SUMMARY
We are offering for sale the Walgreens property located at 590 Thornton Road, Lithia Springs, GA 30122 (the “Property”). Walgreens has operated at this site under an absolute triple-net (NNN) lease with no landlord responsibilities. The lease runs through September 30, 2028, with ten (5-year) renewal options.
The Property is located approximately 17 miles west of Downtown Atlanta, strategically situated near major thoroughfares including Interstate 20, Interstate 285, and Route 6. It is located within the I-20 West industrial corridor, a key regional logistics hub comprising approximately 24.9 million square feet of industrial space. The area is home to major distribution operations for companies such as Amazon (ATL8 Fulfillment Center), GXO Logistics, Lineage Logistics, and Medline Industries.
The location also sits within one of metro Atlanta’s most active data center clusters. In January 2025, Amazon Web Services (AWS) announced an $11 billion investment in data center infrastructure in Georgia, with part of that development located in Douglas County. Lithia Springs is also home to facilities operated by DataBank, STACK Infrastructure, and PwC, supporting the area's role in Atlanta’s expanding digital infrastructure market.
Listed in conjunction with Brian Brockman, Bang Realty - Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952.
The Property is located approximately 17 miles west of Downtown Atlanta, strategically situated near major thoroughfares including Interstate 20, Interstate 285, and Route 6. It is located within the I-20 West industrial corridor, a key regional logistics hub comprising approximately 24.9 million square feet of industrial space. The area is home to major distribution operations for companies such as Amazon (ATL8 Fulfillment Center), GXO Logistics, Lineage Logistics, and Medline Industries.
The location also sits within one of metro Atlanta’s most active data center clusters. In January 2025, Amazon Web Services (AWS) announced an $11 billion investment in data center infrastructure in Georgia, with part of that development located in Douglas County. Lithia Springs is also home to facilities operated by DataBank, STACK Infrastructure, and PwC, supporting the area's role in Atlanta’s expanding digital infrastructure market.
Listed in conjunction with Brian Brockman, Bang Realty - Georgia Inc, 513-898-1551, wg@bangrealty.com, GA DRE Lic. 378952.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,614 SF
Building Class
C
Year Built
2003
Price
$5,504,113 CAD
Price Per SF
$404.30 CAD
Cap Rate
9%
NOI
$495,412 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Lot Size
1.00 AC
Zoning
2 - Commercial
Parking
52 Spaces (3.82 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
- Drive Thru
- Car Charging Station
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4182-04-2-0-005 | Improvements Assessment | $828,948 CAD |
| Land Assessment | $413,436 CAD | Total Assessment | $1,242,385 CAD |
PROPERTY TAXES
Parcel Number
4182-04-2-0-005
Land Assessment
$413,436 CAD
Improvements Assessment
$828,948 CAD
Total Assessment
$1,242,385 CAD
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Atlanta MSA Walgreens | High Traffic | 9 CAP | 590 Thornton Rd
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