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Walgreens | Macon, GA (Mercer Dr.) 4305 Mercer University Dr 14,490 SF Retail Building Macon-Bibb, GA 31206 $2,640,000 ($182.19/SF) 14.27% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple Net (NNN) Lease - Zero Landlord Responsibilities
- Redevelopment Opportunity - 70 Mins from Atlanta, GA
- Drive Thru Location - 96,874 Residents Within 5-Miles
- Three (3.0) Years Remaining - Corporate Tenant
- Hard Signalized Corner - 42,200 CPD
- 5 Mins from Middle Georgia State & Central Georgia Tech
PROPERTY FACTS
AMENITIES
- Corner Lot
- Pylon Sign
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- Retailer
- -
- -
- -
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 | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 14,490 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 14,490 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 14,490 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | M081-0018 | Improvements Assessment | $726,224 |
| Land Assessment | $109,740 | Total Assessment | $835,964 |
PROPERTY TAXES
Presented by
Walgreens | Macon, GA (Mercer Dr.) | 4305 Mercer University Dr
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