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Dark Walgreens | Macon, GA (Gray Hwy) 1280 Gray Hwy 15,035 SF Retail Building Macon-Bibb, GA 31211 $2,475,000 ($164.62/SF) 14.34% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Drive Thru Location - Opportunity Zone
- Festival Location - Hosted 11 Million Visitors in 2022
- Over Two (2.5) Years Remaining - Corporate Tenant
- Highly Trafficked Intersection - 66,900 CPD
- 8 Mins from Mercer University - 75 Mins from Atlanta, GA
PROPERTY FACTS
AMENITIES
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Retailer
- -
- -
- -
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.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
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Retailer | - | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | R064-0232 | Improvements Assessment | $674,594 |
| Land Assessment | $258,347 | Total Assessment | $932,941 |
PROPERTY TAXES
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Dark Walgreens | Macon, GA (Gray Hwy) | 1280 Gray Hwy
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