101 North Tennessee St., Cartersville, GA, 30120 - Available for Sale

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Walgreens (New Construction) - Cartersville, GA

101 North Tennessee St., Cartersville, GA 30120

$7,348,756

13,650 SF | Retail

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Retail Property For Sale

Price:
$7,348,756
Building Size:
13,650 SF
Price/SF:
$538.37
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Cap Rate:
5.55%
No. Stories:
1
Tenancy:
Single
Year Built:
2013
Lot Size:
1.06 AC
Listing ID
18137386
Last Updated
41 days ago

Find Out More...

Highlights

  • New Construction 25 Year lease with Walgreens (May 2013 Rent Commencement)
  • Best in Class Guarantor by Walgreens Co. (S&P: BBB, Outlook:Stable)
  • Excellent location within 35 Miles of Downtown Atlanta
  • Within close proximity (under 1.5 miles) from the Harbin Clinic, the largest privately owned multi specialty physician group in Georgia

Description

STREAM Capital Partners is pleased to exclusively offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at the Northeast Corner of Tennessee Street and Church Street in Cartersville, Georgia. The Property is located on 1.06 acres with an approximate rentable square footage ( RSF ) of 13,650 SF. This Walgreens will be one of the last 25 year leases to hit the market.

The subject property is located in Cartersville, Georgia, a suburb 35 miles northwest from the edge of the Atlanta metropolitan area. Ideally located less than 1 mile from the Cartersville Heights Care Center, an affiliate of the Genesis Healthcare system, and 1.5 miles from the
Harbin Clinic, the largest privately owned multi-specialty physician group in Georgia. Retailers within close proximity to the subject property include: CVS Pharmacy, Target, Chick-Fil-A, Applebee' s Grill, Staples, Pier 1 Imports, Red
Lobster, TJ Maxx, Publix Supermarket, and Verizon Wireless

Financial Summary

  • Actual
  • $407,856

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Walgreens (New Construction) - Cartersville, GA
  • Retail
  • $7,348,756
  • 13,650 SF