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Investment Highlights

  • 4 Years firm term remaining on initial lease term, with options through 2080
  • 2.4 Miles from GA Southern University - 26,000 students
  • Surrounded by national retailers including Lowe's, TJ Maxx, Walmart, Starbucks, Chick Fil A, Planet Fitness, and more
  • High Visibility Signalized Pin Corner Location on mayor thoroughfare
  • 2 miles from East Georgia Regional Hospital - major employer
  • Historically strong store performance, sales available

Executive Summary

This 14,748 sf Walgreens on 1.65 acres in Statesboro, GA benefits from a high traffic corridor with retail growth, just over 2 miles to the Georgia Southern University campus, now with 30,000 student enrollment, as well as East Georgia Regional Hospital. Surrounded by national retailers including Lowe's, TJ Maxx, Walmart, Starbucks, Chick Fil A, Planet Fitness, Longhorn Steaks, Aldi, Hobby Lobby and many more.

Financial Summary (Actual - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $477,803 $32.40
Other Income - -
Vacancy Loss - -
Effective Gross Income $477,803 $32.40
Net Operating Income - -

Financial Summary (Actual - 2026)

Gross Rental Income (CAD)
Annual $477,803
Annual Per SF $32.40
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $477,803
Annual Per SF $32.40
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,748 SF
Building Class
B
Year Built
2005
Price
$4,929,710 CAD
Price Per SF
$334.26 CAD
Cap Rate
9.69%
NOI
$477,803 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.65 AC
Opportunity Zone
Yes
Zoning
CR - Commercial
Frontage
207’ on Northside Dr E

Amenities

  • Dedicated Turn Lane
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Monument Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Walgreens began in 1901 on Chicago's South Side, when pharmacist Charles R. Walgreen Sr. opened a neighborhood drugstore that grew into a national chain. Walgreens later combined with Alliance Boots to form Walgreens Boots Alliance, bringing together retail pharmacy, pharmaceutical wholesaling, and healthcare services under one business. Walgreens Boots Alliance operates an integrated healthcare, pharmacy, and retail model spanning U.S. and international operations, with businesses centered on prescription filling, consumer health products, beauty items, and related services.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Planet Fitness
Waffle House
Buffalo Wild Wings
Chicken Salad Chick
Buddy's Home Furnishings
Nathan's Famous
Snap Fitness 24/7
Ellianos Coffee
Synovus Financial Corp
Food Lion

Property Taxes

Property Taxes

Parcel Number
MS72000001B000
Land Assessment
$639,994 CAD (2025)
Improvements Assessment
$795,869 CAD (2025)
Total Assessment
$1,435,863 CAD (2025)
  • Listing ID: 37386952

  • Date on Market: 2025-08-22

  • Last Updated:

  • Address: 613 Northside Dr E, Statesboro, GA 30458

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