30,700+ VPD | Walgreens | Absolute NNN — Sale in Mcdonough, GA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Mcdonough, GA 30252

Photos

30,700+ VPD | Walgreens | Absolute NNN — Sale in Mcdonough, GA, photo 1 of 2
30,700+ VPD | Walgreens | Absolute NNN — Sale in Mcdonough, GA, photo 2 of 2

Investment Figures

Cap rate
6.48%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present this high-performing Walgreens investment opportunity in McDonough, GA, a rapidly growing market in the Atlanta MSA. This 13,389 SF property sits on 2.74 acres at a high-traffic intersection, benefiting from 16,500 VPD on Highway 81 E and 14,200 VPD on Racetrack Rd. With a long-standing national tenant, in-place market rents, and strong surrounding demographics, this property offers investors a stable, income-producing asset in a high-growth retail corridor. This turnkey investment presents an excellent opportunity for 1031 exchange buyers and long-term investors seeking a stable, credit-tenant asset in a thriving retail corridor. In March of 2018 Walgreens purchased 1,932 Rite Aids in the southeast. This was one of the locations they purchased with an effective date of 6/14/2019 with Walgreens lease. Walgreens showing commitment to the site with Lease renewal in November 2023 for 5 years. Investment Highlights: • Corporate Walgreens Lease With In-Line Market Rents • Prime Location | Signalized Intersection With 30,700+ Combined VPD • 1-Mile $116K+ HH Income, 91K+ Population Within 3 Miles

Market Context

This retail in Mcdonough, GA is listed for sale. It is offered at an approximate 6.5% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Mcdonough, GA — view the full market.

Contact

Explore this market

Similar Retail Business for Sale in Mcdonough, GA