Listed by Marcus & Millichap - Indianapolis
$3,500,000
Walgreens
Details
Property Type Retail
Sub Type QSR/Fast Food, Pharmacy/Drug
Square Footage 13,650
Cap Rate 9.6%
NOI $336,000
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Expiration 10/30/2033
Remaining Term 7.3
Lease Options Yes
Price per SqFt $256
Broker Co-Op Yes
Year Built 2008
Acreage 1.480
Investment Type Net Lease
+/-8 Years Remaining on Absolute NNN Lease
Marketing description
Broker of Record | John Leonard | 1100 Abernathy Road NE, Bldg. 500, Ste. 600, Atlanta, GA 30328 | 678-808-2700 | Lic # 252904
Investment highlights
Absolute NNN Lease
+/- 8 Years Remaining
Across from Burke Health Hospital
No Competition-Nearest Walgreens is 20 Miles Away
Augusta, GA MSA Location
Listing Contacts
Listed by Marcus & Millichap - Indianapolis
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$336,000.00
$28,000.00/mo
Valuation Metrics
0
DSCR
9.6%
Cap Rate
9.6%
ROI
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