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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
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
Building Size
14,550 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Price
$5,500,000
Price Per SF
$378.01
Cap Rate
6%
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
Amenities
- Dedicated Turn Lane
- Signalized Intersection
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens began in Chicago in 1901, after pharmacist Charles R. Walgreen Sr. purchased the drugstore where a pharmacy career began. The company grew from a neighborhood drugstore into a broad retail health business offering prescription services, health and wellness products, photo services, home delivery, specialty pharmacy, and virtual healthcare. Walgreens serves customers through a wide network of community pharmacies and digital platforms, with a focus on accessible medicine, everyday essentials, and healthcare support.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 045-293-A | Improvements Assessment | $739,264 |
| Land Assessment | $420,736 | Total Assessment | $1,160,000 |
Property Taxes
Parcel Number
045-293-A
Land Assessment
$420,736
Improvements Assessment
$739,264
Total Assessment
$1,160,000
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Walgreens | 11343 US Highway 319 N
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