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Walgreens 7935 Tara Blvd 14,981 SF Retail Building Jonesboro, GA 30236 $3,648,000 ($243.51/SF) 6.50% Cap Rate
Investment Highlights
- Signalized corner intersection | Tara Blvd & Hwy 138 | 70,000 VPD combined | Great visibility & access
- Outparcel to Jonesboro Corners Shopping Center | 67K SF of retail space
- Steady population growth within 5 miles | 13.71% from ’10-‘25
- Absolute net lease | No landlord responsibilities | Desirable lease term | 12.5 years remaining
- Long operating history | Leased since 2005
- Large parcel | 1.37 acres
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are please to present for sale Walgreens in Jonesboro, GA. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,981 SF
Building Class
B
Year Built
2005
Price
$3,648,000
Price Per SF
$243.51
Cap Rate
6.50%
NOI
$237,120
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
1.37 AC
Zoning
Commercial
Parking
54 Spaces (3.6 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-0210B-00D-004 | Improvements Assessment | $984,800 |
| Land Assessment | $238,720 | Total Assessment | $1,223,520 |
Property Taxes
Parcel Number
13-0210B-00D-004
Land Assessment
$238,720
Improvements Assessment
$984,800
Total Assessment
$1,223,520
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Walgreens | 7935 Tara Blvd
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