Skip to main content

Drug Store

Walgreens

5455 Lawrenceville Hwy, Lilburn, GA 30047

Listing Price: $4,218,750

Cap Rate
6.40%
Tenant Name
Walgreens
Years Remaining On Lease
3.1
Gross SF
15,120
Guarantor
Corporate Guarantee
Rentable SF
15,120
Price/Gross SF
$279.02
Lease Type
Double Net
Rent Per Square Feet
$17.86

Investment Overview

This opportunity offers a passive investor the chance to purchase a property with an industry leading, credit worthy tenant. Walgreens has a Standard & Poor’s BBB rating, is pandemic resistant and is an essential retailer. The site offers a convenient drive-thru and is positioned along the main stretch of the region’s retail corridor. The site is located at a signalized hard corner. Lilburn, GA is about 20 miles north-east of Atlanta, and the site is just a few miles from I-85, which runs through the entire South East of the U.S. It is also adjacent to the areas biggest draw: The BAPS Shri Swaminarayan Temple (the largest Hindu temple of its kind outside of India).

Investment Highlights

  • Built to suit location has been operating as a Walgreens since 2000
  • Strong National credit worthy tenant
  • Essential retailer with convenient drive-thru on site

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Listing Price: $4,218,750

Cap Rate
6.40%
Tenant Name
Walgreens
Years Remaining On Lease
3.1
Gross SF
15,120
Guarantor
Corporate Guarantee
Rentable SF
15,120
Price/Gross SF
$279.02
Lease Type
Double Net
Rent Per Square Feet
$17.86

Investment Highlights

  • Built to suit location has been operating as a Walgreens since 2000
  • Strong National credit worthy tenant
  • Essential retailer with convenient drive-thru on site

Investment Overview

This opportunity offers a passive investor the chance to purchase a property with an industry leading, credit worthy tenant. Walgreens has a Standard & Poor’s BBB rating, is pandemic resistant and is an essential retailer. The site offers a convenient drive-thru and is positioned along the main stretch of the region’s retail corridor. The site is located at a signalized hard corner. Lilburn, GA is about 20 miles north-east of Atlanta, and the site is just a few miles from I-85, which runs through the entire South East of the U.S. It is also adjacent to the areas biggest draw: The BAPS Shri Swaminarayan Temple (the largest Hindu temple of its kind outside of India).

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

MM Texture Background
MM Textured Background Lower