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876 Big A Rd
Toccoa, GA 30577
Walgreens · Retail Property For Sale

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INVESTMENT HIGHLIGHTS

  • Gold-Standard Retail Validation
  • Institutional Anchors Reinforcing Stability
  • Passive Long-Term Lease Structure
  • Residential Expansion Strengthening Long-Term Fundamentals
  • I-85 Corridor Connectivity

EXECUTIVE SUMMARY

Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a single-tenant Walgreens property located at 876 Big A Road in Toccoa, Georgia ("the Property"). The Property consists of a 14,550-square-foot building situated on 1.36 acres, constructed in 2008. Walgreens has operated at this location since 2009 and is currently bound by an absolute NNN lease with zero landlord responsibilities, providing for a completely passive investment. The lease has no rental increases and is set to expire March 31, 2034, offering more than eight years of remaining term.
Toccoa serves as the county seat of Stephens County and a primary retail hub for the surrounding region. Positioned along Big A Road, one of the city’s most heavily trafficked commercial corridors, the Property benefits from visibility to more than 25,000 vehicles per day and proximity to key national retailers including Walmart Supercenter, Home Depot, Tractor Supply, and Marshalls. The city’s strategic location in Northeast Georgia offers convenient access to Interstate 85, connecting the area to major markets such as Atlanta, Greenville, and Charlotte. The surrounding trade area is home to more than 19,400 residents within five miles, with average household incomes exceeding $70,700 and projected to grow at an annual rate of 1.58% through 2030, supporting strong consumer spending and sustained retail demand.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2008
Price
$5,755,200 CAD
Price Per SF
$395.55 CAD
Cap Rate
8%
NOI
$460,416 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.36 AC
Parking
50 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
185’ on Big a Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
T36-109
Land Assessment
$147,269 CAD
Improvements Assessment
$579,452 CAD
Total Assessment
$726,720 CAD
  • Listing ID: 37720764

  • Date on Market: 2025-09-18

  • Last Updated:

  • Address: 876 Big A Rd, Toccoa, GA 30577

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