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Walgreens 2 W Main St 11,363 SF Retail Building Claxton, GA 30417 $1,599,000 ($140.72/SF) 9% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Guaranteed Lease | Options To Extend | Drive-Thru Equipped | Established Operator
  • Signalized, Hard Corner | Excellent Frontage & Visibility | Located Near National/Credit Tenants
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Strong Demographics In 5-Mile Trade Area

EXECUTIVE SUMMARY

• Walgreens Corporate Guaranteed Lease
• The property is drive-thru equipped, offering added customer convenience and supporting future redevelopment potential
• Over 1 year remaining, with six (5-year) option periods to extend, and $1/SF/YR rental increases at the beginning of each option period, increasing the NOI and hedging against inflation
• The tenant has operated at this location since 1997, demonstrating the tenant’s commitment to the site

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,363 SF
Building Class
C
Year Built/Renovated
1997/2002
Price
$1,599,000
Price Per SF
$140.72
Cap Rate
9%
NOI
$143,833
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.99 AC
Opportunity Zone
Yes
Zoning
CBD - Central Business District
Parking
50 Spaces (4.4 Spaces per 1,000 SF Leased)
Frontage
453’ on Main St

AMENITIES

  • Corner Lot
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • Jan 0000

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
Retailer - - Jan 0000

NEARBY MAJOR RETAILERS

Snap Fitness
Huddle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
C23-127
Land Assessment
$53,680
Improvements Assessment
$416,760
Total Assessment
$470,440
  • Listing ID: 39063829

  • Date on Market: 1/13/2026

  • Last Updated:

  • Address: 2 W Main St, Claxton, GA 30417

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