Walgreens
Signalized Corner Intersection | Absolute Net Lease | Desirable Lease Term | Long Operating History
Investment highlights
• Signalized corner intersection | Tara Blvd & Hwy 138 | 70,000 VPD combined | Great visibility & access
• Absolute net lease | No landlord responsibilities
• Desirable lease term | 12.5 years remaining
• Corporate lease | Walgreen Co. | 8,886 locations nationwide
• Outparcel to Jonesboro Corners Shopping Center | 67K SF of retail space
• Located inside of dense retail corridor | 2.7M SF within a 2-mile radius
• Long operating history | Leased since 2005
• Large parcel | 1.37 acres
• Steady population growth within 5 miles | 13.71% from ’10-‘25
• Attractive population density within a 5-mile radius | 188,983 residents
• Large industrial presence nearby bringing in a large number of daytime workers to the area | 4.6M SF of space within a 2-mile radius
• 10 minutes from Southern Regional Medical Center | 331 beds
• 6 miles from Clayton State | 5,300 students
• 2 miles from Jonesboro High School | 1,535 students
• 9 miles from Hartsfield-Jackson Atlanta International Airport | 2,700 flights per day
• Close proximity to one of the top performing Kroger’s | Ranks in the 78th percentile nationwide via Placer.ai
• Nearby destination retailers: Walmart Supercenter, Costco, Sam’s Club, Publix, Kroger, ALDI, Lidl, Home Depot, Lowe’s, LongHorn Steakhouse, Chili’s, IHOP, Waffle House, Steak ‘n Shake, McDonald’s, Chick-fil-A, Pizza Hut, Domino’s, Dunkin, Burger King, Wendy’s, KFC, Arby’s, Cook Out, Bojangles, Take 5 Oil Change, Take 5 Car Wash, QuikTrip, and more
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