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2 W Main St
Claxton, GA 30417
Corporate Net Leased Walgreens · Retail Property For Sale
PROPERTY FACTS
ABOUT 2 W MAIN ST , CLAXTON, GA 30417
Pegasus Investments is pleased to offer the opportunity to acquire the fee simple interest (land & building) in a freestanding corporate net leased Walgreens situated at “Main & Main” in Claxton, Georgia. The subject property historically operated as a Rite Aid until it was acquired in 2018 by Walgreen Co. providing a strong credit enhancement. Prior to the Walgreens acquisition, Rite Aid reported impressive store sales and ultimately extended the lease for 10 years, evidencing the strength of the site. This net leased investment opportunity is highlighted by low occupancy costs and contractual rent increases throughout the option periods. The property is surrounded by high quality, recently constructed and/or renovated single tenant buildings leased to leading national tenants including McDonald’s, Burger King, Taco Bell, Verizon and Hardee’s.
PROPERTY TAXES
| Parcel Number | C23-127 | Improvements Assessment | $416,760 |
| Land Assessment | $53,680 | Total Assessment | $470,440 |
PROPERTY TAXES
