Walgreens
Retail | 6.75% CAP | 14,550 SqFt
Marketing description
Surmount is pleased to present the exclusive listing for a Walgreens located at 634 N Church St, Thomaston, GA. The site consists of roughly 14,550 rentable square feet of building space on an estimated 1.29-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/22/2024. The current annual rent is $269,175 and has scheduled increases of 5.00% every 5 years.
Investment highlights
Corporate Guarantee | Backed by Walgreens, one of the nation’s largest and most established pharmacy chains, ensuring long-term stability.
Drive-Thru Convenience | Features a high-traffic drive-thru pharmacy, offering customer accessibility and increasing prescription sales volume.
Passive Ownership Structure | Absolute NNN lease with zero landlord responsibilities, providing investors with stable and hands-off income.
Retail Corridor Positioning | Situated along N Church St (22,000 ADTC) with excellent visibility and access in Thomaston’s primary commercial corridor.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
