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Walgreens
Union City, GA 30291
Absolute NNN- PAD of Walmart- Near Amazon · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
14,550 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.74 AC
Zoning
C2
Parking
76 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
345’ on Jonesboro Rd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

ABOUT WALGREENS , UNION CITY, GA 30291

We are pleased to offer to qualified investors an opportunity to purchase an investment grade single tenant NNN lease investment that is fully leased to Walgreen Co. with over 12 years remaining on the original term and 10 - 5 year options. Comprising of 14,550 square feet, the building is situated on a large 1.73 acre corner lot and is exceptionally located along Jonesboro Rd. (the major East/West corridor of Union City. Furthermore, the subject property is located in the major retail trade area of Union City with surrounding retailers including Walmart Supercenter, McDonald’s, Pizza Hut, Steak ‘n Shake, Wells Fargo, Burger King, Wendy’s and more. Benefiting from excellent visibility this corporate backed Walgreens location provides investors strong yield and secure long term stable cash flow. Walgreens (NASDAQ: WBA) is rated “BBB” by S&P’s and is the second-largest pharmacy store chain in the United States. It operates over 8,100 stores in all 50 states as well as Puerto Rico, District of Columbia and U.S. Virgin Islands. Founded over 117 years ago WBA now boasts sales of $118 Billion with a net income of over $4 Billion. This is a rare opportunity to purchase the second-largest pharmacy store chain in the U.S. (true investment grade tenant - “BBB” by S&P’s), with over 12 years remaining on the original term, located in the main retail corridor, with zero landlord responsibilities and secure long term cash flow.

PROPERTY TAXES

  • Listing ID: 12292563

  • Date on Market: 4/17/2018

  • Last Updated:

  • Address: Walgreens, Union City, GA 30291