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Walgreens NNN sale 613 Northside Dr E 14,748 SF Retail Building Statesboro, GA 30458 $3,960,000 ($268.51/SF) 8.75% Cap Rate
INVESTMENT HIGHLIGHTS
- 5 Years committed term remaining; Walgreens open to a new 10-year commitment if desired
- 2.4 Miles from GA Southern University - 26,000 students
- Surrounded by national retailers including Lowe's, TJ Maxx, Walmart, Starbucks, Chick Fil A, Planet Fitness, and more
- High Visibility Signalized Pin Corner Location on mayor thoroughfare
- 2 miles from East Georgia Regional Hospital
- Historically strong store performance
EXECUTIVE SUMMARY
This 14,748 sf Walgreens in Statesboro, GA benefits from a high traffic corridor with retail growth, just over 2 miles to the Georgia Southern University campus. Surrounded by national retailers including Lowe's, TJ Maxx, Walmart, Starbucks, Chick Fil A, Planet Fitness, Longhorn Steaks, Aldi, Hobby Lobby and many more.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,748 SF
Building Class
B
Year Built
2005
Price
$3,960,000
Price Per SF
$268.51
Cap Rate
8.75%
NOI
$346,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.65 AC
Opportunity Zone
Yes
Zoning
CR - Commercial
Frontage
207’ on Northside Dr
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MS72000001B000 | Improvements Assessment | $577,159 (2025) |
| Land Assessment | $464,120 (2025) | Total Assessment | $1,041,279 (2025) |
PROPERTY TAXES
Parcel Number
MS72000001B000
Land Assessment
$464,120 (2025)
Improvements Assessment
$577,159 (2025)
Total Assessment
$1,041,279 (2025)
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Walgreens NNN sale | 613 Northside Dr E
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