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Walgreens 2630 Braselton Hwy 14,490 SF Retail Building Buford, GA 30519 $3,632,184 ($250.67/SF) 8.70% Cap Rate
Investment Highlights
- Absolute NNN lease with zero landlord responsibilities and drive-thru pharmacy.
- Directly adjacent to Kroger-anchored center and near Publix, driving daily-needs traffic.
- Current rent is $21.80 PSF, about 23.8% below market, supporting tenant retention.
- Freestanding Walgreens at high-traffic intersection with ±40,300 VPD and strong visibility.
- No other Walgreens within 5.5 miles; CVS is the nearest competitor at 1.7 miles.
- Dense demographics: 62,243 residents in 3 miles, average HH income over $135,000.
Executive Summary
Matthews Real Estate Investment Services, Inc
License # 80041, 451849 (GA)
3060 Peachtree Rd NW, Ste 1450, Atlanta, GA 30305
(866) 889-0550
Property Facts
Amenities
- Dedicated Turn Lane
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Walgreens Boots Alliance began with Walgreens, which was founded in 1901 and grew from a neighborhood drugstore into a large pharmacy and retail business. The company was formed later through the combination of Walgreens and Alliance Boots, creating a business with a broad presence in pharmacy retail and health-focused services. Its operations include retail pharmacy, healthcare services, and pharmaceutical wholesale, with digital and in-store offerings that support prescription access, consultations, immunizations, and wellness products. Walgreens Boots Alliance has remained centered on pharmacy-led care while serving customers through a mix of community locations and online channels.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 3-001-214 | Improvements Assessment | $519,600 |
| Land Assessment | $309,200 | Total Assessment | $828,800 |
Property Taxes
