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Drug Store

Walgreens | +/-8 Years Left on Lease | 9.60% Cap Rate | Across from Hospital

400 S Liberty St, Waynesboro, GA 30830

Listing Price: $3,500,000

Cap Rate
9.60%
Tenant Name
Walgreens
Years Remaining On Lease
8.1
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Absolute Net
Rent Per Square Feet
$24.62

Investment Overview

Marcus & Millichap is pleased to present for sale the Walgreens located at 400 South Liberty in Waynesboro, Georgia. The Property has approximately 8 years left on the firm term of their lease and operated under an absolute triple-net basis. Waynesboro is approximately 30 miles from Augusta, Georgia.

Investment Highlights

  • Tenant Responsible for All Common Area Maintenance, Taxes, Insurance, Roof and Structure – No Landlord Responsibilities
  • Walgreens Currently has Approximately 8 Years Remaining on their Firm Term
  • Surrounded by Various National Retailers: Walmart, Huddle House, Subway, Zaxby's, McDonald's, Tractor Supply and Dollar Tree
  • Across from Medical District/Hospital-Burke Health is a Community Hospital in Waynesboro, Georgia Specializing in Orthopedic and Cardiovascular Care

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Drug Store

Walgreens | +/-8 Years Left on Lease | 9.60% Cap Rate | Across from Hospital

Listing Price: $3,500,000

Cap Rate
9.60%
Tenant Name
Walgreens
Years Remaining On Lease
8.1
Guarantor
Corporate Guarantee
Rentable SF
13,650
Lease Type
Absolute Net
Rent Per Square Feet
$24.62

Investment Highlights

  • Tenant Responsible for All Common Area Maintenance, Taxes, Insurance, Roof and Structure – No Landlord Responsibilities
  • Walgreens Currently has Approximately 8 Years Remaining on their Firm Term
  • Surrounded by Various National Retailers: Walmart, Huddle House, Subway, Zaxby's, McDonald's, Tractor Supply and Dollar Tree
  • Across from Medical District/Hospital-Burke Health is a Community Hospital in Waynesboro, Georgia Specializing in Orthopedic and Cardiovascular Care

Investment Overview

Marcus & Millichap is pleased to present for sale the Walgreens located at 400 South Liberty in Waynesboro, Georgia. The Property has approximately 8 years left on the firm term of their lease and operated under an absolute triple-net basis. Waynesboro is approximately 30 miles from Augusta, Georgia.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

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