Walgreens (McDonough, Georgia)
204 Jonesboro Road
McDonough, GA 30253
Ackerman & Co’s Retail Investment Sales Team is pleased to exclusively present for sale a double net-leased Walgreens property located in McDonough, GA (Atlanta MSA). The Walgreens, originally constructed in 2001, includes a 15,120SF building and provides investors with long term stable cash flow.
Downloads:
Overview
- Tenant: Walgreens (NYSE: WAG S&P: BBB stable) is an investment grade tenant with more than 8,650 locations. The company had revenues exceeding $75 billion in 2014.
- Signalized Hard Corner Location w/ Drive Thru: The subject Walgreens property is quality brick construction with a drive-thru on a hard signalized intersection across from Kroger and Goodwill anchored shopping centers.
- Offered Free and Clear of Debt: With limited single tenant product in the market, this is a benefit for an investor looking for an all-cash deal or market debt with low current interest rates.
- Low Rental Rate: The rent could be replaced if Walgreens does not exercise their options.