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3188 Highway 278 NW
Covington, GA 30014
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute Triple-Net (NNN) Lease with Over 12 Years Remaining on Lease Term and Multiple Renewal Options
- 50,502 Residents within a Five-Mile Radius - Growing Trade Area in the Atlanta MSA
- Less Than One Mile from Piedmont Newton Hospital, a 107-Bed Facility Staffed by 800+ Employees and 500+ Physicians
- Corporate Guaranty by Walgreens, the Largest Drug Retailing Chain in the U.S.
- Hard Corner Location, Accessible by 45,000+ Combined Cars per Day via US Highway 278 and Elm Street NE
- Highly Visible and Easily Accessible Location Along US Highway 278
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
A
Year Built
2012
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.80 AC
Zoning
C1
Parking
66 Spaces (4.45 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | C021000020001A00 | Improvements Assessment | $680,462 |
| Land Assessment | $208,738 | Total Assessment | $889,200 |
Property Taxes
Parcel Number
C021000020001A00
Land Assessment
$208,738
Improvements Assessment
$680,462
Total Assessment
$889,200
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