

Walgreens
Atlanta MSA Absolute NNN | 8+ Yrs Term | 150-Unit Heritage Rise Under Construction
Marketing description
Northmarq is pleased to offer for sale to qualified investors, the opportunity to purchase a single-tenant Walgreens property located at 876 Big A Road in Toccoa, Georgia ("the Property"). The Property consists of a 14,550-square-foot building situated on 1.36 acres, constructed in 2008. Walgreens has operated at this location since 2009 and is currently bound by an absolute NNN lease with zero landlord responsibilities, providing for a completely passive investment. The lease has no rental increases and is set to expire March 31, 2034, offering more than eight years of remaining term.
Toccoa serves as the county seat of Stephens County and a primary retail hub for the surrounding region. Positioned along Big A Road, one of the city’s most heavily trafficked commercial corridors, the Property benefits from visibility to more than 25,000 vehicles per day and proximity to key national retailers including Walmart Supercenter, Home Depot, Tractor Supply, and Marshalls. The city’s strategic location in Northeast Georgia offers convenient access to Interstate 85, connecting the area to major markets such as Atlanta, Greenville, and Charlotte. The surrounding trade area is home to more than 19,400 residents within five miles, with average household incomes exceeding $70,700 and projected to grow at an annual rate of 1.58% through 2030, supporting strong consumer spending and sustained retail demand.
Investment highlights
Gold-Standard Retail Validation
Residential Expansion Strengthening Long-Term Fundamentals
Institutional Anchors Reinforcing Stability
I-85 Corridor Connectivity
Passive Long-Term Lease Structure
Listing Contacts


Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?


