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1402 Boone St 11,945 SF Retail Building Kingsland, GA 31548 $2,019,231 ($169.04/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Lowe's Outparcel
- Absolute NNN Ground Lease
- Dense Demographic Base
- Proximity to Medical Centers
- Premier Location with Proximity to Major Economic Drivers
- Lack of Competition
EXECUTIVE SUMMARY
GA 31548 (the “Property”). There are ± 4 years remaining on CVS’ Absolute NNN Ground lease with no landlord responsibilities.
The Property is located within Kingsland, GA as an outparcel to Lowe’s Home Improvement. The Property is directly adjacent to a Peachtree Immediate Care and less than 2.5 miles from a 40-bed emergency hospital. This is the only CVS property within Kingsland, GA and benefits from a dense demographic base within a 5-mile radius.
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Drive Thru
- Wheelchair Accessible
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- 11,945 SF
- $10.99
- Triple Net
- Jan 2029
CVS Health is building a world of health around every consumer. Their unmatched reach allows them to deliver high-quality, affordable health care when and how individuals choose. They are on a mission to deliver superior and more connected experiences, lower the cost of care and improve the health and well-being of those they serve. As a leading health solutions company, they offer multiple channels to access health care locally and nationally. Their strong community presence, tech-forward approach and unmatched engagement with millions of people enabling them to deliver high-quality, personalized, affordable health care. Guided by their purpose, CVS Health® is building an entire world of health care around each and every person they serve, no matter where they are on their journey. They listen, show empathy and deliver innovative solutions that serve people’s unique needs and earn their loyalty. Because how they deliver their services is just as important as what they deliver.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 11,945 SF | $10.99 | Triple Net | Jan 2029 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 108-003B | Improvements Assessment | $473,183 |
| Land Assessment | $341,979 | Total Assessment | $815,162 |
PROPERTY TAXES
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1402 Boone St
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