Discount
WALGREENS I LOW PRICE POINT I LIMITED COMPETITION
120 Curry St NE, Pelham, GA 31779
Listing Price: $360,000
Cap Rate
10.00%
Tenant Name
Walgreens
Years Remaining On Lease
1.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$4.50
Investment Overview
Walgreens I Low Price Point I Limited Competition
WALGREENS I LOW PRICE POINT I LIMITED COMPETITION
Investment Highlights
- Passive Income --- Double Net (NN) Walgreens Located on a Heavily Trafficked Section of Curry Street with 6,400 Vehicles Passing Daily
- Lease Term --- Lease Features Over 1 Year Remaining in the Current Option with One Remaining 5-Year Option Featuring an 11 Percent Rent Increase to Hedge Against Inflation
- Active Retail Corridor --- Subject Property is Surrounded by Many of the Nation's Most Successful Retailers Including Piggly Wiggly, IGA, Hardee's, and Citgo, Among Others
- Limited Competition --- Walgreens Benefits from Being the Only Freestanding National Drugstore Within a 10-Mile Radius
Listing Price: $360,000
Cap Rate
10.00%
Tenant Name
Walgreens
Years Remaining On Lease
1.1
Guarantor
Corporate Guarantee
Rentable SF
8,000
Lease Type
Double Net
Rent Per Square Feet
$4.50
Investment Highlights
- Passive Income --- Double Net (NN) Walgreens Located on a Heavily Trafficked Section of Curry Street with 6,400 Vehicles Passing Daily
- Lease Term --- Lease Features Over 1 Year Remaining in the Current Option with One Remaining 5-Year Option Featuring an 11 Percent Rent Increase to Hedge Against Inflation
- Active Retail Corridor --- Subject Property is Surrounded by Many of the Nation's Most Successful Retailers Including Piggly Wiggly, IGA, Hardee's, and Citgo, Among Others
- Limited Competition --- Walgreens Benefits from Being the Only Freestanding National Drugstore Within a 10-Mile Radius
Investment Overview
Walgreens I Low Price Point I Limited Competition
