701 Martha Berry Blvd NW | Rome, GA 30165
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- LoopNet Team
701 Martha Berry Blvd NW
Rome, GA 30165
Walgreens Rome, GA $5.9M Midnight Store NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME - Rental income guaranteed by Walgreens corporate (S&P BBB-) investment grade, Fortune 500 Company, with over 9,000 locations.
- MIDNIGHT STORE WITH HISTORY OF STRONG SALES - Open until midnight everyday & the pharmacy closes at 11PM Mon thu Fri.
- LESS THAN 1 MI EAST FROM SHORTER UNIV - Private 4-yr liberal arts university with 1,800 students & 380 faculty on 155 acres & ±0.9 mi W of subject.
- ABSOLUTE NET LEASE WITH 5 YRS 11 MOS REMAINING – True NNN lease with no landlord responsibilities with 5 yrs 10 mos remaining & 10 (5-yr) options.
- FLOYD MEDICAL CTR ACROSS THE STREET - The 304-bed full-service hospital is directly across the street which is part of Atrium Health system.
- BUSY INTERSECTION – Situated on the corner of Martha Berry Blvd NW (±21,800 VPD) & Turner McCall (±26,700 VPD), a combined traffic ct. of ±48,500 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.42 AC
Zoning
C-C
Parking
65 Spaces (4.76 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | J13Y-222 | Improvements Assessment | $676,322 |
| Land Assessment | $612,364 | Total Assessment | $1,288,686 |
PROPERTY TAXES
Parcel Number
J13Y-222
Land Assessment
$612,364
Improvements Assessment
$676,322
Total Assessment
$1,288,686
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