This Retail Property is no longer advertised on LoopNet.com.

1602 N Expressway
Griffin, GA 30223
Retail Property For Sale

Investment Highlights

  • Tenant has 13.6-years remaining on an absolute NNN lease structure with minimal landlord responsibilities and 5% rent bumps every 5 years
  • The asset ranks in the 81st percentile of Walgreens stores in the state of Georgia (per Placer.ai)
  • Adjacent to Griffin Crossing and North Griffin Square, which rank in the 99th and 78th percentile of community shopping centers in Georgia
  • Surrounding population of 49,000+ residents within a 5-mile radius
  • The property benefits from exposure to 49,300 VPD along Martin Luther King Blvd (N Expwy) and McIntosh Rd
  • Property is situated on a large ~1.94-acre site approximately 35 miles south of downtown Atlanta

Property Facts

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,725 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.94 AC
Zoning
02
Frontage
137’ on North Expressway

Amenities

  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
068-04-001
Land Assessment
$743,653
Improvements Assessment
$883,865
Total Assessment
$1,627,518
  • Listing ID: 33331821

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 1602 N Expressway, Griffin, GA 30223

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