Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

944 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Walgreens 11343 US Highway 319 N 14,550 SF 4-Star Retail Building Thomasville, GA 31757 $5,500,000 ($378.01/SF) 6% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

INVESTMENT HIGHLIGHTS

Over 28,000 vehicles per day at the intersection
2.32 acres

25 year NNN lease with 10 - 5 year options

EXECUTIVE SUMMARY

I am blessed to bring to market this Walgreens in Thomasville, Georgia. Thomasville is the county seat of Thomas County and has over 46,000 people. This store is at the north corner of Highway 319 N - E Jackson Street. There are over 28,000 vehicles per day at the intersection. The 14,550 square foot building sits on 2.32 acres. The store opened August 1, 2008 and the 25 year initial term lease expires on July 31, 2033. After the initial 25 year term NNN lease, it has an additional 10 - 5 year options. The yearly rental income is $330,000. The monthly rental income is $27,500. The CAP is 6% with a Sales Price of $5,500,000. Call me today for more information!

PROPERTY FACTS

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Drug Store

Building Size

14,550 SF

Building Class

LoopNet Rating

4 Star

Year Built

2008

Price

$5,500,000

Price Per SF

$378.01

Cap Rate

NOI

$330,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.14

Lot Size

2.32 AC

Zoning

Commercial - Commercial

Parking

55 Spaces (6.11 Spaces per 1,000 SF Leased)

Frontage

526’ on N Us-19

Dedicated Turn Lane

Signalized Intersection

Drive Thru

Retailer
99,999 SF
-
Lorem Ipsum
Jan 0000

Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.