870 Glynn St S
Fayetteville, GA 30214
Walgreens · Retail Property For Sale

Walgreens | Corp Net Lease | Strong Store Sales SRS National Net Lease Group is pleased to present the opportunity to acquire Walgreens, a corporate guaranteed, net leased, investment property located in Fayetteville, Georgia. The tenant, Walgreens, has approximately 6+ years remaining in their 20-year primary term with 8 (5-year) option periods. The lease structure is NN, with the landlord being responsible for roof and structure. The tenant is responsible for common area maintenance, taxes, insurance, and utilities. The location has strong store sales - 2015 reported sales were nearly $2.5m. Walgreens is located at the signalized intersection of Highway 85 S (Glynn Street) and Highway 92 (30,000 combined vehicles per day) with excellent access and visibility. The property is an outparcel to a Publix anchored shopping center, Summit Point, which is comprised of two buildings with 104,572 SF total. A Kroger anchored shopping center is located directly across Highway 85 S from the property as well as an Ingles Market located directly across Highway 92. There are several other national/credit tenants surrounding the property including McDonald' s, O' Reilly Auto Parts, Starbucks, Wendy' s, Chase Bank, and more. The property is located approximately 4 miles east of Piedmont Fayette Hospital, a 189-bed community hospital staffed by more than 1,600 employees and a medical staff of over 500 physicians. The site is less than 1.5 miles away from Downtown Fayetteville, an area experiencing growth with an influx of retailers and restaurants. Additionally, Fayetteville is 15 miles away from the Hartsfield-Jackson Atlanta International Airport, which serves over 101 million passengers annually.