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Walgreens 6111 Hickory Flat Hwy 14,820 SF Retail Building Canton, GA 30115 $5,548,782 CAD ($374.41 CAD/SF) 7.92% Cap Rate

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EXECUTIVE SUMMARY

Located Within a Dense Retail Corridor - Neighboring retailers include Publix, Chick-Fil-A, Taco Bell, Wendy’s, Whataburger, Dunkin’, Truist, Tractor Supply Co., and many others.
High Growth Area - From 2020 - 2024, the immediate area saw a 12.01% growth in population within a 1-mile radius.
Above Average Surrounding Household Incomes - $174,864 AVG HHI within a 1-mile radius of the property.
Absolute NNN Lease - No Landlord responsibilities creating a truly passive investment.
Large Acreage Parcel - 1.70 Acre parcel.
Located at a Signalized Intersection – Combined traffic count of 30,200 vehicles per day.
Corporate Guarantee - Walgreens is ranked #26 on the Fortune 500 list for total revenue (2025).

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2005
Price
$5,548,782 CAD
Price Per SF
$374.41 CAD
Cap Rate
7.92%
NOI
$439,676 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.70 AC
Zoning
GC
Parking
82 Spaces (5.53 Spaces per 1,000 SF Leased)
Frontage
373’ on Cherokee Dr

AMENITIES

  • Signage
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

Publix
Wells Fargo
Truist
Zaxby's
Waffle House
Chase Bank
Burn Boot Camp
Starbucks
Kroger

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
015N26-00000-155-00B-0000
Land Assessment
$486,450 CAD
Improvements Assessment
$821,024 CAD
Total Assessment
$1,307,475 CAD
  • Listing ID: 36395481

  • Date on Market: 2025-06-25

  • Last Updated:

  • Address: 6111 Hickory Flat Hwy, Canton, GA 30115

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