Listed by JLL - Irvine (Orange County), California, JLL - Dallas | Cedar Springs, Texas
Unpriced
Walgreens Pharmacy | Brunswick, GA
Details
Property Type Retail
Sub Type Pharmacy
Square Footage 14,820
NOI $363,000
Tenancy Single
Brand/Tenant Walgreens
Lease Type NN
Lease Expiration 04/30/2031
Remaining Term 5
Year Built 2006
Acreage 1.500
Investment Type Net Lease
Lease Commencement 05/01/2006
Ground Lease No
Retail | 14,820 SqFt
Marketing description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire Walgreens Pharmacy located at 4575 Altama Avenue, Brunswick, GA 31520 (the "Property" or "Asset"). The tenant operates under a NN lease with approximately 5 years of guaranteed remaining term, as well as two, five-year renewal options at the end of the initial 75-year term.
This offering presents investors with an exceptional opportunity to acquire an asset providing secure, long-term cash flow, backed by a leading national retailer.
This offering will be heading to auction on June 8th, 2026. See OM to view auction.
Investment highlights
- Top 24% most visited Walgreens in the country (placer.ai)
- Strong Reported sales of $2.98M
- National tenancy with over 12,500 stores nationwide
- Large 1.5 AC lot
- Strong retail corridor drawing in over 4M visitors annually
- #1 State for doing business (10+ consecutive years)
- NN Lease with Minimal Landlord Responsibility
- 20+ Years operational history at the site
- Signalized intersection with accessibility to 35K+ VPD
Listing Contacts
Listed by JLL - Irvine (Orange County), California, JLL - Dallas | Cedar Springs, Texas
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$363,000.00
$30,250.00/mo
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