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Drug Store

Walgreens | +/-8.5 Years Left on Lease | 9% Cap Rate | Across from Hospital

400 S Liberty St, Waynesboro, GA 30830

Listing Price: $3,750,000

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
8.4
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 8.5 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 8.5 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 | +/-8.5 Years Left on Lease | 9% Cap Rate | Across from Hospital

Listing Price: $3,750,000

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
8.4
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 8.5 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 8.5 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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