2305 Jonesboro Rd | McDonough, GA 30253
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- LoopNet Team
2305 Jonesboro Rd
McDonough, GA 30253
CVS - New 20 Year Lease - No Rent Holiday · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporate Backed Long Term Lease – CVS signed a new 20 year lease underscoring their long term commitment to the site
- BBB Credit Rating by Standard & Poor’s – Tenant is publicly traded on the NYSE and reported annual revenues in excess of $266 billion in 2020
- Affluent Community – Average household income in excess of $107,000
- Absolute Net Lease Structure – Zero landlord responsibilities for operating or capital expenses
- Just West of Henry Town Center – 700,000 square foot power center anchored by Super Target, Home Depot, Belk, Old Navy and More
- Hard Corner Location with Drive-Thru – Easily accessible via two of the area’s main traffic corridors
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,241 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.62 AC
Zoning
C2
Parking
35 Spaces (2.64 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 0054-01-034-011 | Improvements Assessment | $789,112 |
| Land Assessment | $271,288 | Total Assessment | $1,060,400 |
PROPERTY TAXES
Parcel Number
0054-01-034-011
Land Assessment
$271,288
Improvements Assessment
$789,112
Total Assessment
$1,060,400
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