Log In/Sign Up
Your email has been sent.
Walgreens 2060 GA Highway 40 E 14,809 SF Retail Building Kingsland, GA 31548 $3,648,000 ($246.34/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Great visibility & access from signalized corner intersection | GA Highway 40 East & Kings Bay Rd | 36,000 VPD combined
- Absolute Net Lease | Zero landlord responsibilities
- Large parcel | 5.60 acres
- New 15-year lease extension | Showing tenant commitment to the site | Leased since 2008
- Corporate lease | Walgreen Co. | 8,700+ locations nationwide
- Explosive population growth within 1-mile | 128.23% from 2010- 2025
EXECUTIVE SUMMARY
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Walgreens in Kingsland, GA. We welcome your review of this attractive investment.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,809 SF
Building Class
B
Year Built
2008
Price
$3,648,000
Price Per SF
$246.34
Cap Rate
6.50%
NOI
$237,125
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
5.60 AC
Zoning
Commercial
Parking
68 Spaces (4.59 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 121-003J | Improvements Assessment | $780,262 |
| Land Assessment | $319,738 | Total Assessment | $1,100,000 |
PROPERTY TAXES
Parcel Number
121-003J
Land Assessment
$319,738
Improvements Assessment
$780,262
Total Assessment
$1,100,000
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Walgreens | 2060 GA Highway 40 E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.